Royal
Bank of Scotland Commercial Services Business Banking and
Factoring
Royal Bank of Scotland Commercial Services
Business Banking and Factoring
Royal
Bank of Scotland Commercial Services - Factoring
Factoring
is an invoice finance service designed for growing companies.
If your business is on the move, and sells to other businesses
on credit terms of up to 120 days, Royal Bank of Scotland
can turn dormant funds into working capital. When your company
is ready to grow our factoring service will help you expand
by
- Giving
you an immediate cash injection of up to 90% of the value
of your unpaid invoices.
- Guaranteeing
the same level of finance on all approved sales for the
duration of your contract with Royal Bank of Scotland.
- Providing
a comprehensive sales ledger service, freeing your staff
from time consuming administrative tasks.
- Enabling
you to send sales details direct to Royal Bank of Scotland
from your desktop computer, as well as track your finance,
draw funds whenever required or print a wide range of management
information reports, covering the details of individual
customers or your sales ledger as a whole.
How it works
You send your invoice details to RBS Commercial Services,
and you can immediately draw up to 90% of their value. As
your customers settle their accounts, they pay you the balance.
Royal Bank of Scotland also manage your sales ledger administration
and collect payments on your behalf, saving you time and resources
as well as freeing up your cash.
Bad
Debt Protection perfectly complements their Factoring facility.
It protects you against losses caused by the formal insolvency
of a customer and it gives you the peace of mind when things
go wrong. It can also put you ahead of your competitors as
with protected debts you can confidently take on more business,
finance it and continue to grow.
For
further information on Royal Bank of Scotland Commercial Services
Business Banking and Factoring visit the Royal Bank of Scotland
Commercial Services Website.
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