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.