For recruitment agencies, consultancies, labour marketplaces and more
This is an invoice finance facility that businesses use when they sell their outstanding invoices to a factoring company at a discounted rate. They get an advance on the money they’re owed whilst the lender takes over the credit collection process.
You receive up to 100% of your invoice value almost instantly, whilst we take over the hassle of chasing your payments. Once your debtor pays the outstanding amount, we releases all remaining payments.
Simply put – It avoids late payments and cash flow gaps – two influential factors to the survival of any business.