It provides the main benefit of releasing cash tied up in outstanding invoices.
It improves your cash flow and can free up your time because we manage your invoicing and debt collection processes. Factoring services are ideal for businesses that face cash flow challenges and want factoring companies to manage collections on their behalf from their customers.
Having a factoring facility frees up your time allowing you to generate more business rather than undertaking the more tedious task of ensuring your invoices are paid. Therefore, this increased short-term cashflow can be used to build your business