I have overseas clients; can I factor international invoices?

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If your business trades mainly within the UK, then a domestic factoring contract will be sufficient. However, if you have clients largely based oversees, international factoring (which is more commonly referred to as export finance) will be the best solution. This works in exactly the same way as invoice factoring, except that the UK factor (to whom invoices are sold) works directly with agents in the country the invoice is issued to. This local knowledge ensures a fast turnaround and high success rate in chasing debtors. Fees for international factoring services run a bit higher than  domestic factoring fees  due to the greater complexity of the operation, and you will be charged exchange rate fees as well.

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I have overseas clients; can I factor international invoices?

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