What makes a business suitable for factoring and can anyone use it?
Almost any type of business can benefit from invoice factoring services. However, it is particularly valuable for fast-growing businesses with cash-flow problems due to late-paying customers or other issues.
If your company has a small or inexperienced credit control team that could be better utilised in other areas of your business, factoring could also be an ideal solution. By allowing us to collect your invoices on your behalf, you could significantly bring down your overheads by eliminating the need to pay staff to manage your credit control.