Invoice Discounting and Factoring

How can Factoring Solutions help my Yorkshire East business?

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

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

Invoice Discounting in Yorkshire East

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

Factoring in Yorkshire East

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

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

Trade Finance in Yorkshire East

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

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If you are a Yorkshire East 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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