Rapidly Raise Funds



Unlike a Bank loan, factoring converts your accounts receivable into immediate cash.

A business can factor its receivable assets to meet its present and immediate cash needs. It will enable the company to improve the cash flow for its business.

Cash advanced to the holder of the Accounts Receivable varies, but is generally between 75% and 95% of the value of the accounts.

The amount advanced is not based on the status of the holder of the Accounts Receivable, but on the strength and creditworthiness of the business owing the funds.

Factoring is a financial transaction, a type of debtor finance in which a business sells its accounts receivable (its invoices) to a third party at a small discount.

The advantage to the company selling its invoices is that it will receive cash into their business which will enable it to not only meet its account payable commitments but to purchase additional inventory or materials for manufacture and thus continue a pattern of growth and expansion.

Once the company is approved and has completed its first transaction, thereafter it has submitted its AR’s it can expect to receive cash into their bank within 24 to 48 hours.

Over the years we have developed excellent relationships with selected major Factoring companies. These companies have the strength to bring cash to the table at very short notice once you are registered and approved. Each of the companies we work with have their own lending parameters and therefore we are able to offer Factoring services to a vast range of our clients, whether they are a small Mom and Pop operation or a large multi-million-dollar company

  • Manufacturers, Distributors Wholesalers
  • Trucking & freight Companies.
  • Staffing Agencies.
  • Construction
  • Government suppliers
  • Call Centers.
  • Delivery Services
  • Oil & Gas Services
  • Business services & Consulting
  • Engineering firms
  • Architects Builders
  • Import & Export Companies
  • Information Technology Aerospace firms
  • Security firms
  • Janitorial & Cleaning Services
  • Landscaping Companies

Advantages of Factoring

There are many factoring companies, so prices are usually competitive. It can be a cost-effective way of outsourcing your sales ledger while freeing up your time to manage the business. It assists smoother cash flow and financial planning. Some customers may respect factors and pay more quickly.

How Does Factoring Work?  Factoring is a type of financing that helps improve the cash flow of companies that have slow-paying invoices. Usually, a factoring company purchases the accounts receivable of the client. This purchase gives the client access to immediate funds which can be used to pay for business expenses.

Average factoring rates.

Rates generally range from 1.15% to 4.5% per 30 days. Advances usually range from 70% to 85%.

Providing Short-term Finance

Provide money in advance up to 80% of the receivables.

Providing Credit Protection

Protects the client against bad-debts/non­ payment.

Providing Collection Facilities

Collect money on behalf of the client and remits the money back after deducting his charges.

Why would any business use Factoring Services?

Whether you are a small, mid-sized or large company you likely need working capital with flexibility or fast financing, factoring companies provide needed cash flow.  Banks traditionally require a burdensome approval process to loan money.

With a healthy cash flow, your business has the working capital to pay salaries, reduce debt, improve vendor relations and focus on critical success factors-operations, sales and growth. Factoring invoices is a great long or short-term solution for small, mid-sized or large businesses.

Invoice factoring is not a loan. Rather, you sell your invoices at a discount to a factoring company in exchange for a lump sum of cash. The factoring company then owns the invoices and gets paid when it collects from your customers, typically in 30 to 90 days. So whatever their charges are they are usually far below the loss one would take waiting or discounting the invoices yourself and collecting the payment. Taking valuable time away from what you do best in your business.

The main difference between invoice factoring vs. invoice financing is who collects on the business’s unpaid invoices. In invoice financing, the customer retains full control of collections. Both invoice financing and invoice factoring are possible solutions to dealing with slow cash flow

Solid Reasons to Factor your Receivables

In this highly competitive world, it is hard enough to win the business, so to run the risk of losing it if your inability to perform is caused by a cash-flow shortage, can be devastating.

Because we can arrange for you to have the finance to execute it.

With purchase order financing you do not have to take in an equity partner to raise capital. Your buyer’s purchase orders are accepted as collateral.

“Transaction capital” is provided for your growth.

So fill your order book; you will be able to perform.

It is possible to have the inbound freight and duty paid on your behalf.

With available cash you can purchase your goods at a discount and receive a discount (or avoid a penalty) by paying your accounts payable early.

Factoring can be a cost-effective way of outsourcing your sales ledger while freeing up your time to manage the business. It assists smoother cash flow and financial planning. Some customers may respect factors and pay more quickly.


Frequently Asked Questions

Here are common questions we receive regarding factoring.  Please contact our office should you have additional questions or need clarification on any answer below.

At the end of the year your business maybe highly profitable but that does not necessarily mean that you have enjoyed a solid positive cash flow during that year. In fact, if you had more working capital you may have enjoyed greater discounts on the products or goods you purchased and therefore achieved greater profits!

As regular sources of funding are getting harder to find, Factoring is proving a popular alternative to meet you r monthly overheads such as suppliers, payroll and rent, etc.

In many cases you need no lengthy track record. As stated above it is the strength and creditworthiness of the business owing the funds that determines whether an Account can be established. Thus we have successfully obtained funding for startups as well as established firms.

Not at all. Because instead of you or your company contacting your customers for payment, the Factoring company becomes your collection department.

It is not really so much as a better choice but simply a flexible way to realise funds quickly when a bank will not perform. Banks often require additional collateral and will not act as collection agencies for your Accounts Receivable.

With 50 years of finance operation and numerous satisfied clients, our straightforward approach is verified by the numerous repeat business we have enjoyed.

It is critical to your ongoing success to maintain good relationships with both your clients and debtors so on that understanding and the fact that you are not the ‘bad guy’ chasing them for payment, you can call and solicit further business all the while retaining a good working relationship.

Account relationships can be established in as little as 2 to 3 business days but in complicated and high level requests, it can take a little longer. But we will let you know very soon after your application so that you know where you stand and when you should be able to expect receipt of your factored funds.

We understand the invoice finance as it is all we do. We understand each lenders capabilities and criteria. By learning about your business we will introduce you only to the lenders who are willing to assist so you are not wasting time meeting lenders who cannot meet your needs. We will also talk you through all the costs involved and explain to you which is the most competitive facility.

Pricing depends on a number of variables such as type of facility, turnover, number of active customer and the number of invoices you raise. Why not get a bespoke quotation by completing an online quotation?

In short we will certainly try. We have previously helped businesses who have been turned down by several lenders. We will speak with you and establish why you have been declined. We will then use our market knowledge to introduce a lender who has a criterion that can accommodate your unique requirements. If it can be done, we can do it.