Factoring and Invoice Finance

Uncomplicated Free Advice on the Best Factoring and Invoice Finance Solution for Your Business, whether a start-up or established.

What is Factoring and Invoice Finance?

Invoice finance and factoring are effective and flexible ways for businesses to effectively manage their Cash Flow and Working Capital. They provide a facility that lets you draw down cash into your business, as an advance payment secured against the invoice,  by converting your invoices (debtor book) into a readily available revenue stream.

Whether you’re a start-up business, trading for many years and irrespective of size we can usually provide a workable and cost-effective invoice finance solution that will improve the cash flow in your business at rates often far better than overdraft terms.

The main types of invoice finance include:

  • Factoring
    The Invoice Finance Company (IFC) provides finance against the whole of the business’s debtor book/ledger. Invoices raised by the business are paid directly to the IFC (this is the most commonly used type of Invoice Finance).
  • Invoice Discounting
    Invoice discounting is very similar to Factoring save that the business continues to administer their own debtor book.
  • Spot Factoring
    Spot factoring tends to be either used at certain times of the year or against specific invoices.
  • Trade / Stock Finance
    Trade and or stock finance is often used in conjunction with invoice finance facilities as it often enables borrowing to be repaid when items / products are either sold or invoiced.

Key benefits of factoring include:

  • Recovery Loan Scheme eligible
  • Up to 90% of the Invoice Value paid to you on issue
  • On-line process and cash paid in to your account same day / next day
  • Facility available to new start business with turnover from just £100K per annum
  • Bad debt insurance can be included if necessary to give additional peace of mind
  • Factoring can be offered to most Business types and Industry Sectors
  • Reduced finance costs over traditional overdraft facilities

At Wattsford Commercial Finance we offer free and unbiased advice and will tailor a Factoring and Invoice Finance solution for clients to meet their exact needs and budget. Our level of service is extremely high which is vital at a time when more and more businesses are finding that they have to look beyond the traditional Bank overdraft to satisfy their increasing cash flow needs. We will provide you a view of the entire market – quickly and efficiently and can implement a Factoring solution without disruption to the running of your business.

Speak with an Invoice Finance Specialist today

Also interested in…

Business Loans

R&D Tax Credits

Personal Guarantee Insurance

VAT 100 Finance

Contact Us today to discuss how cost-effective invoice factoring can grow your business.

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