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It involves selling unpaid invoices and other debts to a third party, who pay out up to 90% of the value of the invoice. The invoice factoring company chases the invoice on your behalf, and once payment has been made, you get the rest of the money. Minus, any predetermined fees.
1 – We’ll ask you a few questions about your business, so we can understand what you need.
2 – We’ll use your answers to match you with up to five trusted suppliers. This is why we ask for your contact details. Your details are safe with us – we are fully GDPR compliant and we’ll only ever match you with suppliers that we know can cater to your needs.
3 – Your matched suppliers will get in touch with you, so you can ask questions and receive quotes tailored directly for your needs. You’ll then be armed with all of the information you need to confidently compare and choose from.