First Independent Finance

Factoring

Factoring and Trade Finance

As businesses grow and become established, they are often given opportunities to take on work which overstretches their normal working capital facilities (i.e. overdraft)

Factoring is a funding method, which gets round this problem.

You are able to raise cash against invoices generated but not yet paid.

The effect of this is to dramatically improve your cash flow, be more competitive and win extra business.

The major banks all have their own factoring operations and many are pushing customers into factoring to improve the bank's position, not necessarily that of their customer.

So if you are a new business, a growing business, or a business which is considering factoring for the first time, speak to us first.

For more information call us on 01560 482911 or click here.