Invoice Finance Consultancy (UK) Ltd
Factoring

What is Factoring?

Factoring allows you to raise up to 85% of funds from unpaid invoices owed to you by your customers. Typically a Factor can release funds within 24 hours of invoices being submitted.

Is Factoring For Me?

Factoring will suit most UK based businesses. A Factor will look at anything from a new start business to £50 million turnover. This is of course dependant on your industry as some are not quite as compatible.
 
Even so up to 46,000 UK businesses us Factors to help grow their business.

What is the Cost?

It is very difficult to give a quote without having a certain amount of information from you. A Factor will look at certain criteria such as type of industry, debt turn, number of debtors, turnover and number of invoices raised to gauge the service fee. The borrowing fee is a little less complex. 

The type of Factor can also make a difference to cost. Bank owed Factors are generally less expensive as they offer a more automated service. Independent Factors are slightly more expensive but offer a much better customer service and are generally more flexible with their funding decisions.

How Can IFCUK Help Me?

IFCUK have over 20 years of factoring industry experience and are well placed to offer impartial and practical advice. There is no cost for our service.
Call IFCUK Now - 0207 324 2068

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020 8313 3696

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Factoring Company - IFCUK

Factoring Solutions - IFCUK

IFCUK is trading styles of Invoice Finance Consultancy (UK) Ltd
Registered Office: 6 Bladon Court, 5 Beckenham Grove, Bromley BR2 0JW.
Trading Address: Chislehurst Business Centre, 1 Bromley Lane, Chislehurst, Kent, BR7 6LH
Registered in England number 06701679