What is CHOCCS?

If you have never come across this term before, don’t worry, it simply means the customer handles their own credit control. You may have strong relationships with your customers and want to continue managing these.

With CHOCCS your business will benefit from a release of cash and as your business grows, so does the available funding. You don’t even need to negotiate new terms as our flexible funding line increases with your turnover.

If you agree with one or more of the following, Hitachi Capital’s CHOCCS could be the finance solution for you:

One or more of your customers often pay late
You've had cash-flow issues as a result of this
You want to maintain the relationship with your customers and handle your own credit control
You are a fast growing business and want to further grow and expand
Your turnover is under £500,000 per annum
You don’t mind that your customers are aware of our involvement

If you would like further information about how CHOCCS can help your business, or any of Hitachi Capital’s invoice finance solutions please call us on Freephone 0800 1105 005.

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