Q and A

Questions and answers page

Why invoice factoring

Invoice factoring provides a service that helps you to look at viable strategies for your business. Providing practical and impartial advice enabling you to plan more effectively. We provide a clearer picture of the current market and help you to explore alternative strategies. An immediate cash injection into your business account Protection from bad payers.

Will my customers be upset for using debt collectors ?

It is in our interest to gain a good rapport with your customers and to help in promoting positive relationships. At Invoice factoring we aim to reach an agreement that suits both your businesses and that of your customers enabling you to increase your profits and help expand your business.

Will my invoices to my customers show my company details or yours ?

Once an agreement has been reached we will then own the right to your invoices. You will send out your invoices as you would normally do however payment is made to us. You will need to inform your customers of who we are and what we do.

How will I receive my money ?

You will receive cash advances within 24 hours once the account had been opened by us

If a customer does not pay what will happen?

It will be our responsible to take over the right to pursue the customer for the payment as well as the right to take legal action against them if they do not pay. However with Recourse factoring you would assume the risk

How do I start an account with you?

You can get a quote online using our easy quote instructions or you can contact us directly by telephone. We will then contact you and advise you of the steps to improving your business with our services.

Is any business suitable for invoice factoring?

We would consider some start up and smaller business however we would generally expect our clients to have an annual turnover of £50'000 or more. We also ask that businesses do not have any single account that make up more than a third of their turnover and has a number of customers.

How do I know which types of factoring or invoice discounting my company needs. 

We will contact you and arrange an meeting where one of our consultants will discuss your options and all of the services we can provide.