Which solution is best for you?
Invoice finance can be tailored to suit the individual needs of different businesses.
While factoring and invoice discounting provide funding against the entire sales ledger, it is also possible to fund single invoices to help with short-term cash flow requirements; for instance, invoices of a particularly high value or those supplied on longer-than-usual credit terms.
Read more about the different options or contact us on 0800 9774833 to discuss your requirements with a specialist invoice finance broker.
Invoice factoring is an invoice finance facility that includes a dedicated sales ledger management service and can additionally incorporate bad debt protection. This is often the best solution for smaller businesses as, in addition to the funding element, it removes the burden of credit control.
Learn more about invoice factoring
Invoice discounting on the other hand keeps the sales ledger management function in house, making it great for companies where this process is already running smoothly and when you would prefer to retain full control of your client relationships. Facilities are typically provided confidentially and can also include bad debt protection.
Learn more about invoice discounting
Single Invoice Factoring
Single invoice factoring offers the option to fund single invoices rather than the whole sales ledger. If your business has no long term funding requirements but raises high value invoices that may create a short-term cash flow headache, this funding option can be ideal.
Learn more about single invoice factoring
In addition to the funding element that ensures temporary workers’ wages are paid on time, payroll finance provides recruitment companies with back office and administrative support such as calculating complicated tax deductions, managing credit control functions and bad debt production.
Learn more about payroll finance
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