How can Factoring Solutions help my Ross and Cromarty business?
Factoring Solutions Ltd are factoring and invoice discounting brokers covering Ross and Cromarty and the whole UK. We arrange finance facilities for UK businesses in Ross and Cromarty to improve their cashflow.
Find out more on Factoring Solution's three main services for businesses in Ross and Cromarty: Ross and Cromarty Invoice Discounting, Ross and Cromarty Factoring and Ross and Cromarty Trade Finance
Invoice Discounting in Ross and Cromarty
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 Ross and Cromarty prefer this route as it is cheaper and they are more than capable of collecting their own debts. Factoring companies covering Ross and Cromarty will allow an Ross and Cromarty Invoice Discounting facility, provided you can demonstrate an adequate paper trail and have the ability to collect the debt in house.
Factoring in Ross and Cromarty
Factoring for businesses in Ross and Cromarty is an extremely flexible method of providing cash flow for a businesses in Ross and Cromarty. The amount of funding available also increases in line with the growth of your Ross and Cromarty business.
Under a Ross and Cromarty factoring facility, copies of the sales invoices are provided to the factoring company covering Ross and Cromarty. 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 Ross and Cromarty business benefits from "accelerating" the cash flow by up to 85% of the debtor book.
Trade Finance in Ross and Cromarty
Trade Finance for businesses in Ross and Cromarty 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 - Ross and Cromarty Purchase Finance and Letters of Credit for Ross and Cromarty Businesses
summary
If you are a Ross and Cromarty Business and have the orders but are struggling with cash flow then any of our 3 Factoring Solutions options could help you.
- Ross and Cromarty Invoice Discounting - Funding against your Ross and Cromarty Businesses Sales Ledger
- Ross and Cromarty Factoring - Immediate cash flow for your Ross and Cromarty Business
- Ross and Cromarty Trade Finance - Finance to help your Ross and Cromarty Business to satisfy orders
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