An alternative solution to traditional types of business finance. It eases strain on your business by releasing funds from your unpaid invoices, while an expert credit management team look after the collection of payments on your behalf.
1. You supply your goods or services and you invoice your clients as usual.
2. We pay you up to 90% of the value of each invoice the instant you raise them.
3. We collect payment on your behalf, giving you more time to focus on the day-to-day running of your business.
4.When your client settles the invoice you get the remaining balance less an agreed fee.
✔ You have a minimum turnover of £500k p.a.
✔ You provide goods and/or services to other businesses.
✔ You would be interested in financing all of your invoices not just a few.
We work with businesses from a wide range of sectors to help them meet their goals, whether it's improving cash flow, mitigating late payments or managing seasonal demand. If some of your turnover is export, we can also consider providing finance against these sales, especially if combined with our bad debt protection solution.
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Find out how invoice finance helped Avocor fund their rapid business growth ↑ |
One of the main differences between invoice factoring and invoice discounting is that with factoring we would manage your sales ledger, credit control and collect payments from your customers on your behalf. This would allow you to save time chasing payments and help you focus on the day-to-day running of your business.
If you would prefer to maintain control over the collection of payments have a look at our invoice discounting offering.
Both approaches allow you to release the funds from your unpaid invoices on the same day that you raise them.
As we tailor the facility to meet the needs of your business, your agreement will be individually priced. Our fees are calculated according to various factors, including the size of your business, the value of any outstanding invoices and the time it takes your customers to pay their invoices.
Our pricing is made up of two core components - a service fee and discount charge.
Call one of our experts to discuss a tailored quote on 0127 376 5817
Find out more about how our fees work
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