Recourse Factoring

What is Recourse Factoring?

Recourse factoring enables businesses to access working capital tied up in invoices by releasing up to 90% of their value within 24 hours.

In addition to the benefits this brings in terms of releasing funding and improving cash flow, the recourse factoring company will also perform your sales ledger management, giving your business time and resource to focus on core activities and securing new business opportunities.

Use our tool below to calculate how much you could access with recourse factoring, or call our team on 0800 9774833 to discuss your requirements with one of our invoice finance brokers.

How does recourse factoring work?

An invoice is raised by your business
Up to 90% of the invoice’s value is advanced within 24 hours
Your customer will pay the factoring company
The funder makes the remaining sum available, minus their fee for the service

Benefits of recourse factoring

Access to up to 90% of the sales ledger value within 24 hours
Enables you to pay your suppliers before your customers pay you
You may be able to use the funding to secure early settlement discounts
Level of funding can grow directly in line with your turnover
Dedicated sales ledger management service provides credit control expertise
Typically cheaper than non-recourse factoring as no bad debt protection is provided

Is recourse factoring right for my business?

The search for funding can be time-consuming, especially with a range of products and providers to choose from. Voted Invoice Finance Broker of the Year at the Business Moneyfacts Awards in 2018, 2020, 2022 and 2023, Hilton-Baird Financial Solutions specialises in factoring and can help source the best facility on the market for your needs. With our help you can:

Save time in your search
Benefit from our extensive knowledge of the funding market and your sector
Gain direct access to key decision makers at the best factoring companies
Access the most suitable funding for your business

To find out more about how recourse factoring can boost your cash flow, call us on 0800 9774833 or email info@hiltonbaird.co.uk to speak to one of our funding consultants.

I was offered a variety of factoring services by Hilton-Baird, and after consultation over the right one for me I chose the one that was the most personal, informative and friendly.

Neal Warcup, Managing Director, Polar Recruitment

Related Resources

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How Does Factoring Work?

Why Use An Invoice Finance Broker?

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Compare Invoice Finance Solutions

© Hilton-Baird Financial Solutions Limited
Registered in England and Wales. Company Registration Number: 03832884. Registered Office: 110 Cannon Street, London, EC4N 6EU
ICO Number: Z7220067

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

We work with a panel of commercial finance providers and are typically remunerated by way of commission. The structure and amount of commission we receive varies between products and based on the facility. Further details are available on request.

What is Recourse Factoring?

How does recourse factoring work?

Benefits of recourse factoring

Is recourse factoring right for my business?

Related Resources

Some of the funders we work with