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Factoring and Invoice Discounting: receive up to 3 quotes free of charge
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Factoring and Invoice Discounting - information from Companeo:
» Factoring is one of the first steps to starting a business. Whether called receivables factoring, invoice factoring or bill factoring, factoring helps your business get an initial amount of its outstanding invoices paid upfront. An invoice financing service is the ideal solution when your business needs immediate cash.
Find out more about Factoring and Invoice Discounting :
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- See the Buying Guide « Invoice factoring & discounting »
Invoice factoring means that you can release funds more quickly, through getting an advance based on the value of your outstanding invoices. You can also save the time and cost of administering your sales ledger, because factoring companies in the UK can do this for you.
In recent years, invoice factoring has enjoyed a remarkable rise in popularity, with both large and small companies taking advantage of the opportunity to get discounted cash flow. It is now often combined with asset-based lending (on vehicles, property or IT for example).
Invoice discounting is a similar process, with the difference that your customers are not aware of it happening.
This guide takes you through the main stages of factoring and invoice discounting, to help you decide whether it is suitable for you and, if so, what options you can choose. Next page « Invoice factoring & discounting »
Companeo Agreed Suppliers in your area :
Our partners in: FACTORING AND INVOICE DISCOUNTING
- RBS IF
- Lloyds TSB Commercial Finance
- SME Invoice Finance Limited
- Simply Business
» Factoring and invoice finance solutions with online management of your account. Services include debt collection. Free quotes within 48H from Companeo Agreed Suppliers.
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