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Business Finance FAQs

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Invoice Finance - Invoice Factoring

How do I transfer from my existing invoice factoring provider?

If you wish to switch to us, we'll take care of everything. Simply contact us and arrange for one of our business development managers to pay you a visit. Once you’ve decided to work with us, we’ll contact your current invoice finance provider and arrange for a transfer of your invoices to us. Your funds will then be with you within one to five working days.

If you face termination fees from your old provider, we can give you up to £1,000 towards them. We also offer a six month trial period for our own services – if for any reason you decide to leave during this time, you won’t face any of the exit charges normally associated with standard contracts.

Related questions

What is invoice factoring? How effective is invoice factoring? What makes a business suitable for factoring. Can anyone use it? Our company has recently experienced rapid growth. Would invoice factoring be a viable option? Is it possible to terminate an invoice factoring contract prior to the 12 month term? How can we use invoice factoring to finance our staffing agency? Will factoring help to provide the finance to pay our employees on time each month?

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