Factoring can help relieve the pressure caused by unpaid invoices by freeing up both your time and money. We’ll buy your unpaid invoices from you, giving you a fast injection of cash. You also won’t have the headache of chasing payments or conducting credit checks, as we’ll do all that for you.
If you’d prefer to do all credit control and debt collection yourself, Invoice Discounting may be for you. We’ll give you the majority of the cash you need immediately to help fund your business, while you continue to manage your ledger. This is a preferred option for larger businesses with an established credit control department.
Asset Based Lending (ABL) provides funding against the value of the multiple assets within your business, including debtors, stock, plant & machinery and property. With asset based lending, the cash held within these assets is then released to provide additional working capital.