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Invoice factoring

Receive up to 85% of your invoice value within 24 hours...

  • Invoice factoring allows you to release cash for your business using your invoices as collateral; therefore instead of having to wait between 30-90 days for the funds they can be available in up to 24 hours!
  • As well as this, we manage the collection of the payments which are due to you, meaning you can focus on growing your business as we will manage the credit control function for you.
  • As your business grows, so does the available funding. With invoice factoring you don’t even need to negotiate new terms as your flexible funding line increases with your turnover.
  • Alternatively, if you would like to handle your own credit control processes, invoice discounting could be an alternative solution. This allows our involvement to remain confidential from your customers.

How it works

  1. You supply goods and services to your customers.
  2. You send your customer the invoice made payable to Hitachi Capital Invoice Finance, and send a copy to us.
  3. We will give you up to 85% of the invoice amount. At this stage a service fee is deducted from your account as a percentage of your turnover.
  4. The customer settles the invoice in full by making their payment direct to us. When the remaining balance is paid, a small finance fee is deducted from your account, charged as a percentage of the amount lent.
  5. The invoice clears and we give you the remaining balance.

Benefits

Improved cash flow - release funds from raised invoices in up to 24 hours, allowing you to be more competitive in the long run
Flexibilty - with your funding line increasing at the same rate as your turnover meaning that you don’t need to renegotiate terms
Save time- relieves your business of the burden of credit control, allowing you to concentrate on your core business areas.
Bargaining Power- invoice factoring can help you to negotiate better terms with your suppliers
Growth- grow your business at a much faster rate due to the flexible funding line
Customer Service- benefit from our award winning service

Why do companies use factoring?

Factoring companies, often referred to as an invoice finance provider or sometimes as a factoring agency, provide an alternative source of finance to businesses allowing them to free up cash that is tied up in unpaid invoices.

 

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Want extra peace of mind?

Why not add credit protection to your facility? This ensures you're protected if any of your customers are unable to pay...

Switching

Already have an invoice factoring facility with an alternative provider? We can handle the whole process of switching for you, ensuring that your cashflow facility isn't affected at all. Download our switchers guide for more information

Next steps

Speak to one of our UK advisors today on 0808 274 5092 to see how invoice factoring could help your business cashflow.

Speak to one of our UK advisors today on

0808 120 9868

Get in touch

One of our experts will shortly be in touch to discuss a cash flow solution for your business

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Hitachi Capital guide to invoice factoring

Download our latest invoice factoring guide to see how this could be the perfect cash flow solution for your business

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Invoice Finance solutions from Hitachi Capital

For an informal discussion in regards to your cash flow needs please contact us on

0808 274 5092