Factoring invoices is now considered to be mainstream business finance as factoring and invoice discounting facilities are currently being used by over 43,000 companies generating a combined turnover in excess of £200 billion, according to recent statistics.
Selecting an invoice factoring company should be straightforward but in reality it isn’t and as we have very real concerns with the way that some factoring companies operate which is why we have set out details of some of the pitfalls in the following pages so please click on the link to read our concerns about factoring invoices
These concerns cover a variety of areas including the poor service levels on offer by some factors which can result in higher charges plus decreased funding as well as low credit limits and concentration limits applied by the factoring companies in an effort to keep the funding as low as possible and therefore minimize their own risk.
Invoice discounting is the method of invoice finance that is experiencing the most growth at the moment but our reservations about the activities of some invoice discounters are as valid as in factoring and we would be grateful if you could click on the link to see our areas of concern about invoice discounting
Factoring Invoices UK is a trading style of Factoring Solutions which is one of the oldest established specialist invoice factoring brokers around and we deal with relatively few of the factoring companies as most lack our required service levels and transparency so if you want to deal with one of the few invoice factoring companies that actually perform please contact us without any obligation or cost on the following number.
(please remove NOSPAM from email address)