Invoice Factoring

What is Invoice Factoring?

Factoring solutions bridge the cash flow gap that arises from trading on credit terms by releasing up to 90% of an invoice’s value within 24 hours of its issue.

The factoring company also provides a dedicated sales ledger management service, bringing expertise to the credit control process, removing the burden and allowing the business to focus on core activities and securing new business opportunities.

Invoice factoring facilities can additionally incorporate bad debt protection, safeguarding the business against the threat of bad debts or protracted default – non-payment of an invoice after an extended period – to provide added peace of mind.

As an award-winning and independent invoice factoring broker, Hilton-Baird Financial Solutions has a proven track record of helping businesses secure the most suitable factoring and wider commercial finance facilities. Call our team on 0800 9774833 or request a call back to discuss how we can help your business, or use our quote tool below to calculate how much funding you could release with factoring.

How does invoice factoring work?

  1. Your business raises an invoice
  2. Factoring company advances up to 90% of its value within 24 hours
  3. Your customer pays the factoring company
  4. Remainder of invoice value is made available, less the factoring company’s fee

 

Diagram: How factoring works

Benefits of invoice factoring

 

See how factoring helped our client to grow

Which factoring company is right for my business?

Finding the right factoring solution for your business’s particular needs can be both challenging and time-consuming. The expertise of a specialist factoring broker can be invaluable in this process.

  • Save time and money in your funding search
  • Benefit from extensive knowledge of providers and facilities for your sector
  • Gain access to key decision makers within the factoring companies
  • Find the right fit in terms of funding, level of service, culture and cost

To explore your options with one of our funding consultants, call us on 0800 9774833 or request a call back today. Alternatively, get an instant factoring quote here.

Factoring is ideal for my type of business as the large orders can come unexpectedly, whilst they also vary in frequency depending on what season we are in. I now don’t have to worry about not being able to pay my suppliers before receiving my own customers’ payments.

Phil Page, Managing Director, Logotek Promotional Merchandise Ltd

Some of the funders we work with

  • Team Factors
  • Lloyds Bank Commercial Finance
  • Ultimate Finance Group
  • Creative Capital
  • Secure Trust Bank
  • 1pm
  • GapCap Cashflow Finance
  • Partnership Invoice Finance
  • Platform Black
  • InvoCap
  • Innovation Finance
  • Davenham Asset Finance
  • Royal Bank of Scotland
  • Positive Cashflow Finance
  • Asset Advantage
  • Catalyst Finance
  • Nucleus Commercial Finance
  • Pulse Cashflow Finance
  • IGF Invoice Finance
  • Market Invoice
  • Metro Bank SME Finance
  • Spotcap
  • Leumi ABL
  • Calverton Finance
  • Working Capital Partners
  • Shawbrook Business Credit
  • Aldermore Invoice Finance
  • Santander Corporate & Commercial
  • iwoca
  • Davenham Trade Finance
  • Bibby Financial Services
  • Close Brothers Invoice Finance
  • Woodsford Tradebridge
  • Assetz Capital
  • Outsauce
  • Barclays
  • Roma Finance
  • Henry Howard Cashflow Finance
  • Regency Factors
  • Everline
  • ABN AMRO Commercial Finance
  • Skipton Business Finance
  • PNC Business Credit
  • Trade Finance Partners
  • Investec

Authorised and regulated by the Financial Conduct Authority (FCA number 730445)
We are a credit broker and not a lender and offer credit facilities from a panel of lenders

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