Factoring of invoices is now considered mainstream business finance as factoring and invoice discounting facilities are currently being used by nearly 45,000 companies generating a combined turnover in excess of £200 billion, according to statistics.
Selecting a company for invoice factoring should be straightforward but in reality it isn’t and as we have very real concerns with the way that some factoring companies operate we have set out details 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 poor service 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.
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
5 Torridge, Hockley, Tamworth, Staffordshire B77 5QL
Tel: 01827 707680
info@NOSPAMfactoring-invoices.co.uk
(please remove NOSPAM from email address)