Invoice Discounting and Factoring

How can Factoring Solutions help my County Westmeath business?

Factoring Solutions Ltd are factoring and invoice discounting brokers covering County Westmeath and the whole UK. We arrange finance facilities for UK businesses in County Westmeath to improve their cashflow.

Find out more on Factoring Solution's three main services for businesses in County Westmeath: County Westmeath Invoice Discounting, County Westmeath Factoring and County Westmeath Trade Finance

Invoice Discounting in County Westmeath

Invoice discounting allows funding to be received against the sales ledger in the same way as factoring, but without the credit control option. Therefore your customers will be unaware of the involvement of any discounter. There is a good chance that some of your suppliers are already receiving the benefits of invoice discounting, but this fact is not disclosed to you. Many businesses in County Westmeath prefer this route as it is cheaper and they are more than capable of collecting their own debts. Factoring companies covering County Westmeath will allow an County Westmeath Invoice Discounting facility, provided you can demonstrate an adequate paper trail and have the ability to collect the debt in house.

Factoring in County Westmeath

Factoring for businesses in County Westmeath is an extremely flexible method of providing cash flow for a businesses in County Westmeath. The amount of funding available also increases in line with the growth of your County Westmeath business.

Under a County Westmeath factoring facility, copies of the sales invoices are provided to the factoring company covering County Westmeath. Once received, the factoring company will immediately advance up to 85% of the invoice value (in some circumstances, advances of up to 100% are available). The balance of the funding is received when the customer pays. So the County Westmeath business benefits from "accelerating" the cash flow by up to 85% of the debtor book.

Trade Finance in County Westmeath

Trade Finance for businesses in County Westmeath is a generic term for the provision of finance in order to enable goods to be purchased in order to satisfy an order. Finance is provided by the trade financier to bridge the funding gap between purchase and sale. There are effectively two types of trade finance - County Westmeath Purchase Finance and Letters of Credit for County Westmeath Businesses

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If you are a County Westmeath Business and have the orders but are struggling with cash flow then any of our 3 Factoring Solutions options could help you.

 

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