Factoring

Fast access to cash and your credit control covered

Factoring gives you fast access to the funds your customers owe you - with the added benefit of a full credit control service.

You get the funds you need, without the headache of chasing payments. And because we'll tailor our service around your particular requirements, you get the funding that's right for your business.

 

 

 
Get a quote

Or call us on 0333 321 4000

* Standard call rates incl. mobiles Call Charge Information Worried about cost? 03 numbers are at standard call rates and included in most mobile and landline operators inclusive minute packages

 

In more detail

Factoring explained

We'll advance up to 90% of the value of approved invoices - and advance against new invoices by the next working day. You get more funds than you would from a traditional overdraft, with no delays. Plus the need for you to chase payments will be removed. Our experienced credit control team will take care of every aspect of your debt collection, leaving you free to focus on what you do best… running your business.

Quick guide to Factoring

Key benefits

Key benefits:

  • Access up to 90% of the value of your approved invoices
  • Full credit control service
  • View sales ledger status and electronic payment requests online
  • More available funding than traditional overdrafts
  • Less admin - we'll run credit checks, issue statements and provide collection services
  • Debt recovery litigation services
  • Credit protection if you need it

Quick guide to Factoring

Who can
we help?

We can help businesses such as:

  • Manufacturers
  • Warehousing and Distribution
  • Printers
  • Business Service Providers
  • Engineering
  • Employment Agencies
  • Transport Firms

 

Quick guide to Factoring

Is it for me?

Is factoring for me?   

  • If you are forecasting credit sales of at least £100,000 a year, then factoring could be the funding solution you need
  • If you have a spread of debtors, including some overseas customers
  • If you sell goods or services on normal credit terms, with no stage payments

Quick guide to Factoring

 

See How Much

More Cash

Invoice Finance Can Generate For Your Business

Get A Quote 

* Standard call rates incl. mobilesCall Charge InformationWorried about cost? 03 numbers are at standard call rates and included in most mobile and landline operators inclusive minute packages

Request a callback
Case studies

How Aldermore Invoice Finance helped a business like yours

View Case Studies

Do you have any questions?

Want to find out more about Aldermore and the products and services we offer? You can take a look at our questions and answers section or email us a question

read all questions and answers

Quality insurance cover

Available now from Simply Business for Business and Landlord Insurance. Build a tailored policy to suit you.

Get a quote in minutes
Rated 4.9 out of 5 by 8 reviewers.
Rated 5 out of 5 by a change for the better Moved to Aldermore and they made it as seemless as possible. Very helpfull, efficient and friendly staff. 03 April 2014
Rated 5 out of 5 by Exactly what i required Calvin Dexter is fantastic to deal with and couldn't have done enough to help us get set up. Not only Calvin but the team of Tansy, Sally and Dawn have been amazing from start to finish and I would highly recommend Aldermore to anyone. 10 January 2014
Rated 5 out of 5 by Extremely helpful staff, very understanding All of the staff from the initial meeting to setting up the account could not do enough to help. Every step of the way they were always professional but very understanding of individual circumstances 07 November 2013
Rated 5 out of 5 by so far so good although we have just recently transfered to aldermore the service we have had is excellent ,were finding the staff seem to have more time for us as a company compared to the previous company and the system is a lot quicker so far we have no concerns. 11 September 2013
Rated 5 out of 5 Perfect for the current business requirements The business is young and growing and the factoring facility along with the helpful staff both in terms of service and advice has meant the business has been able to cope with finance issues. It has been a useful fiancial Partnership which should continue through 2013 14 December 2012
Rated 4 out of 5 by Tremendous facility for my company to have at present. Since the relationship began the Aldermore staff have always went out of their way to help me understand the facility. On hand when required Justin Forbes in particular has helped me grow my business. The relationship can only develop as look into benefits like fuel cards, asset finance etc, I would have no hesitation in recommending Aldermore to other businesses. 11 December 2012
Rated 5 out of 5 by Suited all our factoring requirements Aldermore has a competitive rate of charges the staff are very friendly and professional and the level of service has been excellent. 10 December 2012
Rated 5 out of 5 by An exceptional service. The quality of the service that is provided is of an exceptional standard. The knowledge of the staff is excellent - they are friendly and always there to advise. 07 December 2012
2 Questions   2 Answers

Product Q&A

Ask your questions. Share your answers.

 
 
« Back
 
 
1 year, 2 months ago
Customer avatar
by
Read all my Q&A
 
Please wait while more information about AldermoreTeam is loaded.
Additional information about AldermoreTeam could not be loaded.
0points
0out of 0found this question helpful.
Was this helpful?Yes0No0

Answers

Answer: 
Generally, a business would need:

- A forecast of credit sales of at least £100,000 a year

- To sell goods or services on normal credit terms, with no staged payments

- A good spread of debtors (customers), including some overseas customers

Every provider has its own policies as every case is different. Before deciding on the correct funding alternative for your business, consider all of your options and seek expert advice.
1 year, 2 months ago
Customer avatar
by
Read all my Q&A
 
Please wait while more information about AldermoreTeam is loaded.
Additional information about AldermoreTeam could not be loaded.
+1point
1out of 1found this answer helpful.
Was this helpful?Yes1No0
Company is involved in contract recruitment.I have little experience but 3 footsie 100 clients who want to use me for temporary workers
6 months ago
Customer avatar
by
Read all my Q&A
 
Please wait while more information about Madge123456 is loaded.
Additional information about Madge123456 could not be loaded.
Industry: Transportation & distribution
Your region: Midlands
Number of employees: 0 – 9
+1point
1out of 1found this question helpful.
Was this helpful?Yes1No0

Answers

Answer: 
Hi Madge123456,

Thanks for using our Ask & Answer service. We pride ourselves on providing tailormade funding solutions to businesses like yours, with regards to your question re company accounts we could be in a position to help but we will need to speak to you in a little more detail to understand you and your business needs.

Please give us a call so we can discuss your individual requirements in more detail Freephone 0800 021 7040 or alternatively you can request a consultation by clicking on this link http://www.aldermore.co.uk/business/invoice-finance/enquire-now/
6 months ago
Customer avatar
by
Read all my Q&A
 
Please wait while more information about AldermoreTeam is loaded.
Additional information about AldermoreTeam could not be loaded.
0points
0out of 0found this answer helpful.
Was this helpful?Yes0No0
1 of 1

Content posted to this website by users is solely the opinion and responsibility of the author posting the content. Aldermore Bank Plc ('Aldermore') does not accept any liability in respect of any statements made by users on this website, unless formally attributed to Aldermore by authorised personnel.  Users are responsible for their own posts.

Aldermore reserves the right to remove or refuse to post any user or customer review or any Aldermore or staff response at any time for any reason. We aim to display your content within 48 hours however please be aware that it could take up to 5 business days for your content to appear on aldermore.co.uk.

To complain about any content posted to this website, please contact ugcontent@aldermore.co.uk