The factoring facility provides a source of funding that grows with your business and saves you valuable management time through the outsourcing of your credit control.

Factoring is used to realise working capital tied up in your sales ledger.

Up to 85% of the value of the ledger can be released to your business immediately with the remaining 15% being paid once your customer has paid their outstanding invoices. We will arrange for the collection of your debts in order to convert the unpaid invoices into cash.

You want to grow your business but your cash is tied up in unpaid invoices..

With Invoice Discounting, which is a form of factoring, we can arrange an immediate injection of cash and an ongoing supply of capital equivalent to 80% of the value of your outstanding invoices.

The remaining 20% will be paid to you when your customer settles the outstanding debt.
You collect the debts and continue to be in charge of the credit control although we reserve the right to request details of your ledger at any given time.