Invoice Factoring Info
Invoice factoring provides an injection of cash against the value of a company’s invoices and frees up management time, removing the burden of running the sales ledger and credit management functions. Invoice factoring is a very flexible facility keeps pace with your sales and therefore particularly suits ambitious businesses embarking on rapid growth.
Having agreed a prepayment facility against qualifying invoices, we will provide a comprehensive sales ledger administration, credit management and efficient debt collections service, specifically tailored to suit your customers and your sensitivities.
There are many benefits of invoice factoring to a business. It allows you to:
- generate immediate working capital
- reduce the pressure on your cash flow
- link funding to sales so that your business growth is not restricted
- eliminate time and money spent on credit control and debt collection
- concentrate on your core business without distraction
- reduce average debtor days, helping to improve profitability
For more information on invoice factoring visit: www.statesecurities.plc.uk