How can Factoring Solutions help my Suffolk business?

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

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

Invoice Discounting in Suffolk

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 Suffolk prefer this route as it is cheaper and they are more than capable of collecting their own debts. Factoring companies covering Suffolk will allow an Suffolk Invoice Discounting facility, provided you can demonstrate an adequate paper trail and have the ability to collect the debt in house.

Factoring in Suffolk

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

Under a Suffolk factoring facility, copies of the sales invoices are provided to the factoring company covering Suffolk. 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 Suffolk business benefits from "accelerating" the cash flow by up to 85% of the debtor book.

Trade Finance in Suffolk

Trade Finance for businesses in Suffolk 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 - Suffolk Purchase Finance and Letters of Credit for Suffolk Businesses

summary

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

• Suffolk Invoice Discounting - Funding against your Suffolk Businesses Sales Ledger
• Suffolk Factoring - Immediate cash flow for your Suffolk Business
• Suffolk Trade Finance - Finance to help your Suffolk Business to satisfy orders

 

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