Factoring Services

Factoring services: invoice factoring

What happens when you use invoice factoring?

You sell your invoices to a third party who processes these for you. Often called factors or debt factoring companies, the service includes credit management. This releases valuable time - allowing you ton concentrate on your business.

This is how it works. The factoring provider agrees a system with you for sending statements and reminders about debts to your customers. This aside, you're in control of customer relationships.

What do you gain with invoice factoring?

Using this type of factoring service can give you greater flexibility to access outstanding debts and improve your cashflow, releasing it for key business activities.

It's good for realising working capital - if you run a start up or established business. It also helps you manage:

business acquisition(s)
fast business growth.

See more information on invoice factoring.