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A modern alternative of funding your cash flow requirements
which is directly linked to your sales ledger and not historical
financial information that does not reflect recent growth in
your business. Your working capital will grow in proportion to
your sales and not to the value of the collateral security you
have to offer.
As soon as an
invoice is produced for finished or delivered goods and
services, the factor will prepay up to 80% of the gross value
upon being notified.
Often referred
to as factoring and invoice discounting the facility consists of
a combination of services:-
·
Credit Management
(collecting the debts on your behalf)
·
Credit Protection
(vetting your clients for creditworthiness)
·
Finance
(providing the all important working capital)
An agreement
can be tailored to suit your business needs.
At
F & B Associates we have substantial experience in the
current asset finance market and we can offer independent and
impartial advice on the type of facility for you and the most
appropriate factor for your specific business needs.
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