Are you looking for Invoice Factoring requirements in London?

If you are looking for Invoice Factoring Requirements London, look no further.  Our expert agents are here to assist your business and find you the best invoice factoring rates for you.

 

You may be thinking “What is Invoice Factoring London – and how can it be beneficial for my business? In short: you simply sell your invoices, minus a small fee. Our invoice finance partners will then carry out due diligence, and then advance up to 95% of the invoice, providing immediate cash flow for you to use for your business needs. Whilst clawing back some of your free time as you don’t have to chase customer payments.

Key Features

Receive up to 95% of your sales invoice

With business invoice factoring, approval is quick and easy.  In most cases you can get paid for your invoices in 24 hours.

Improves personal wellbeing

Invoice Factoring helps reduce payroll stress, giving you access to cash to meet weekly, or monthly payroll commitments.

Forward planning for success

Want to replenish stock? With competetive invoice factoring rates, it will mean no more waiting for your customers payments.  This will allow you to purchase supplies quicker.

Supporting you and your business

The lender takes over the running of your credit control, a dedicated team of experienced professionals, who will manage your collections, reducing late payments and the risk of bad debts.

Invoice factoring requirements that grow with you

The last thing a growing business needs is to incur more debt, and so we keep invoice factoring costs down.  Invoice Factoring allows you to get the capital you need when you need it, and grows as your business grows.

Quick Apply Now!

It's easy to get started with our quick apply form.

Click the button on the right to bring up the application form.  Fill out a few simple questions and we will get back to you as soon as possible.

How does Invoicing Factoring Work?

Companies that need invoice factoring requirements in London do not have to wait for their customers to pay their invoices.  You do the work, sell the invoice, and typically get up to 95% of the invoice value immediately.  Once payment from your customer has been received, the Invoice Finance lender will send you the remaining balance, minus their fees.

How does Invoice Factoring work in London?

A guide in 5 simple steps:
1. You process the invoice to your clients

Provide your service or product, on your agreed terms.

2. Flexibility in the Invoices you sell

You can tailor your facility to gain funding from one invoice, multiple or your whole sales ledger. Our partnered lenders will purchase the debt that has been agreed with you.

3. Receive up to 95% upfront

Most lenders will allow you to receive up to 95% of your invoice value

4. Cash Collection

The invoice finance company will manage credit control, and your customer pays the invoice factoring company directly.

5. Receive final balance

Once payment has been received, the balance, minus and fees and charges will be made available to you.

Invoice Factoring Costs

When searching for Invoice Factoring requirements in London, the costs involved vary from business to business. It is important that you understand the invoice factoring rates associated with running an invoice factoring facility.

Application / Commitment Cost

Some lenders will charge a fee to carry out due diligence, and some do not.

Service Fee

The invoice factoring costs will include a service fee for the day to day administration of the facility charged as a percentage of the gross invoice value.

Is invoice factoring the right solution for your business?

Invoice factoring is a viable funding solution for many business sectors including: Haulage, Recruitment, Manufacturing and many more.  With the COVID-19 pandemic crippling business cashflow, it is becoming a crucial role in businesses staying afloat.

Business owners are great at making their product and providing their service. Cashflow will always be ‘king’, and with small business invoice factoring the pain, headache or worry about cash is taken away.

Invoice Factoring gives SME business owners the opportunity to access cash from invoices, but just as importantly it also gives the gift of time. The time you or your team spend managing your credit control. You can focus instead on achieving your business goals without the typical cashflow problems you were experiencing before invoice factoring.

Are you looking Invoice Factoring requirements London to unlock cash from your invoices?  Give us a call today on 01332 896 020 and we could help you with the right funding solution.

Quick Enquire Now!

It's easy to get started with our quick apply form.

Make an enquiry by clicking the button on the right and we will contact you shortly to discuss your requirements