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To discuss your
requirements, call us
on 01794 302 812
You can download the Access Finance commercial brochure and case studies here...
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Invoice Factoring is when a business sells its customer invoices to a finance company as a means of generating the funding needed to trade, based on the company’s sales rather than its balance sheet.
This method of raising capital is usually more cost effective than a bank loan and isn’t dependent on the company's credit rating.
Factoring is fast replacing traditional bank-based loans and overdraft facilities as a means of creating capital quickly, and at Access Finance Management, we have the expertise and experience to ensure that you obtain the most appropriate business finance solution.
Invoice Factoring helps you maintain a healthy commercial relationship with your customers. By outsourcing your credit management to a factoring company, you can provide your service or product without the uncertainty of wondering if your new customer will be able to meet your payment terms.
- Up to 90% of an invoice’s value can be paid to you the next working day
- The facility grows with your business; so no need to keep increasing your overdraft or other borrowing facilities
- Gives you the ability to react quicker to market opportunities, whilst keeping your debtors under control
- You can obtain more favourable terms from suppliers by paying quickly
