Factoring
Invoice Discounting
Confidential Discounting
Non Recourse
Bad Debt Protection
Export Finance
WHAT IS FACTORING?
Factoring is a financial product (facility), a form of invoice finance.
A factoring company (or factor) will
provide you with up to 95% (100%
in some cases) of the value of your sales invoices immediately you raise them.
The balance is paid to you when the debtor pays (less the factor's charges).
The factor will undertake the invoice
collection for you (if required) and
they can even protect you against bad debts if you wish (called non recourse).
We can normally save
you money on factoring quotations received elsewhere
or on the cost of your existing facility.
To discuss your requirements in confidence and without obligation contact us:
Call us on: 01892 785947
or email:
info@tradespring.co.uk
or complete an: ONLINE INVOICE
FINANCE
QUOTATION SEARCH REQUEST
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