Immediate cashflow without waiting for customer payments

A factoring company buys your outstanding debt by advancing your invoices (typically 70–90% of the value) upfront, then takes over credit control, which includes managing customer payment reminders, tracking due dates, and collecting the funds directly. After the customer pays, the factor releases the remaining balance minus the fees.

Benefits

• Fast access to cash without waiting for customer payments
• Reduces risk of late payments and bad debts.
• Easier approval based on customer creditworthiness
• Helps support growth and day-to-day operations
• Outsourcing of collections and credit control saves time

For further information and advice, contact us today.