We appreciate that not everyone is familiar with Factoring and Invoice Finance terms, so we try to explain things in plain English. There are many misconceptions surrounding what we do and far too many businesses are unaware of how we can help them to re-invest and develop their business, without the need for a bank loan. Here we have attempted to separate the facts from the fiction.

"Factoring and Invoice Finance is just debt collection"
Fiction! This is the most common of misconceptions and one that could not be further from the truth.

Invoice Finance is just another way of re-financing your business, simply by releasing the money you have tied up in your unpaid invoices. This will accelerate your cash flow, providing many benefits to the business. For example:

• Negotiate supplier discounts for increased orders or for making early payment
• Invest in much needed stock so you can fulfil those orders or create new ones
• Eliminate the need to borrow from the bank
• Free up time spent chasing payment, so you can do what you do best
• Expand your business

And if you want, you can continue to employ your existing credit control team. However, it is likely to prove more cost effective to use our professional team of collection administrators either alone, or in tandem with your team. Ultimately, it is your choice. It’s your business, not ours or the banks.