What is Invoice Factoring?
Invoice Factoring allows you to release cash for your business using your invoices as collateral. You continue to supply goods and services to your customers and we collect the payments. You no longer need to pay staff in your credit control team, as we will manage the credit control for you.
Cash is in your bank account without delay 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.
You could release up to 85% of the cash in your outstanding invoices today and as we offer a no obligation 6 month trial period, you don’t need to worry that you will be tied in to a lengthy contract.
If you agree with one or more of the following, Hitachi Capital’s Invoice Factoring service could be the best solution for you:
Alternatively if you would like to handle your own credit control processes, Invoice Discounting could be an alternative solution. This solution allows our involvement to remain confidential to your customers.
If you would like further information about how invoice factoring can help your business, or any of Hitachi Capital’s invoice finance solutions please call Freephone 0800 1105 005.
