Factoring and Invoice Discount services
Improve your Cash Flow with White Rose Finance’s Factoring and Invoice Discount services –
whatever the size and age of your business.
The major reason for business problems or failure in the UK is the inability to collect money owed for goods and services supplied. Your company may be trading well and profitably but is starved of positive cash flow.
One option to assist positive cash flow is to request further overdraft facilities from your bank if this facility is available.
Another more flexible and generally lower cost solution is to use either Factoring, Confidential Factoring or Invoice Discounting. This financial service guarantees payment of all invoices issued up to 90% of invoice value – normally within 24 to 48 hrs from the time you issue the invoice. This has the major benefit of leaving your bank facility in place for other areas of business growth and investment: submit an enquiry to see how this service can benefit your business.
At White Rose Finance we work with all the major UK factors and will provide the most appropriate scheme to suit your exact business profile. We provide a broad range of services including a unique confidential factoring service which ensures none of your clients know you are factoring, a feature normally only associated with Invoice Discounting. As a reference, the major differences between the two financial products are given in our overview below.
Factoring and Invoice Discounting are rapidly growing in popularity and are used today, in some form or other, by around 25% of UK business owners. Whatever the size and age of your business if you would like to discuss the suitability and benefits then please call us today on 0333 405 1954 , submit an enquiry. or request a call back.