Factoring
UK Business Banking and Factoring
Factoring
UK Business Banking and Factoring
Factoring
UK - Innovative Products
In
recent years there has been substantial innovation in the
debtor finance market resulting in the emergence of a range
of hybrid products created for clients whose needs cannot
be met by traditional factoring or invoice discounting facilities.
Here
are a few examples although there are many other refinements
that Factoring UK would be happy to discuss as part of a detailed
review of your requirements :-
Confidential
factoring
In
the right circumstances, confidential factoring allows a business
that is unsuitable for invoice discounting to still enjoy
the benefits of confidentiality.
Single
debtor finance
After many years of refusing to provide full funding to businesses
with high exposures to individual customers, certain factors
and discounters have recently relaxed these criteria significantly.
If you are dependent upon one or two large buyers, Factoring
UK know how and where to present your business in order to
get the funding you require.
Selected
debtor finance
If you only wish to factor a single customer on your ledger,
Factoring UK have companies capable of funding this requirement
subject to the creditworthiness of the buyer.
Single
invoice finance
As
a further refinement to meeting short term cashflow difficulties,
it is possible to finance individual invoices providing their
value makes commercial sense for the factor and the buyer
is creditworthy.
Order
finance
An increasing number of factors and discounters are now combining
trade finance facilities, through associate or third party
companies, with their traditional debtor finance products.
This allows funding to be made available much earlier in the
sales cycle so that once a client has secured a confirmed
order from a credit worthy buyer, the trade finance company
will finance the required purchase of goods from the supplier.
Exceptionally, some invoice discounting companies can offer
unsecured trade finance lines to their clients although these
tend to be limited to those with the strongest balance sheets.
For
further information on Factoring UK Business Banking and Factoring
visit the Factoring UK Website.
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