e-facselect
Business Banking and Factoring
e-facselect Business Banking and Factoring
Why
use e-facselect?
The
Factoring, Invoice Discounting and related markets have become
increasingly complex and competitive over the past decade. With
over 60 providers it is no longer sufficient to just know "a
couple of contacts", nor is it realistic or practical to
try to contact the whole market yourself, let alone keep abreast
of new and changing products.
By
making the above e-facselect's full time role, they believe
that they can provide a valuable service to you because of
the following :-
- Experience
- 13 years industry experience, bank owned and independent
factors.
- Independence
- e-facselect are not associated with nor do they receive
any form of retainer from any provider, hence they are unbiased.
- Specialisation
- e-facselect concentrate solely on the sales linked finance
market. This is their core business not an add on.
- Free
Service - they receive commission directly from providers
for new business they introduce. There are no fees for you
to pay to e-facselect.
Who and when
Some of the major changes in the industry in recent years
have involved both the types of business sectors and stages
in a business's life cycle that providers will consider. The
lists below are not exhaustive and as the picture is constantly
changing, contact e-facselect to discuss any funding situation.
- Suitable
types - sole traders, partnerships and limited companies
- Industry
sectors - manufacturing, service and distribution
- Start
ups - increasingly sales linked finance is used from day
1
- Funding
growth - the traditional reason, even more valid today
- Restructuring
- bank looking to reduce their exposure
- MBO/MBI
- can be wholly funded or part of the package
- Corporate
recovery - various providers will consider this
- Phoenix
situations - depending upon the full history
- Existing
clients - may be seeking a more flexible provider
For further information on e-facselect Business Banking and
Factoring visit the e-facselect Website.
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