Factoring
The Factoring company pays you 80%/90% of an invoice as soon as you have issued it avoiding the usual 30/60 days for payment of that invoice when using credit terms. The remaining 10%/20% of the invoice value is paid to you, less the lender's charges, when your customer pays. The lender ensures that your client pays the invoice leaving you free to concentrate on your business. You will pay the lender a service charge and interest on the cost of funds used. The facility is also available for overseas/international sales and credit insurance can be arranged to protect you against your customers going out of business. Telephone, Fax or complete and submit the following ENQUIRY FORM
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