Factoring & Trade
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Factoring & Trade
Receive up to 90% of the invoice value from your chosen finance company.
Trade will pay for the goods in transit & factoring is a way of raising money against your outstanding ledger.
Call for Factoring & Trade Services
Fund Your Business Today – Call 0333 772 1558 to release funds tied up in your invoices
About Factoring & Trade
Trade will pay for the goods in transit & factoring is a way of raising money against your outstanding ledger. The process works as follows:
Trade Finance
- Supplier put goods on the water
- Trade finance releases funds (letter of credit) to supplier
- When the goods land in destinations port, the trade becomes payable
- Client either pays this at that point, or take a factoring facility until the debtor (end client) pays
Factoring
- Deliver your goods or service
- Send your invoice to the finance company and your customer
- Receive up to 90% of the invoice value from your chosen finance company
- Your customer pays the invoice 30-60-90 days later (as normal)
- The finance company pay you back the remaining 10-20% of the invoice minus their fees (Typically less than 2%)
Factoring
- Deliver your goods or service
- Send your invoice to the finance company and your customer
- Receive up to 90% of the invoice value from your chosen finance company
- Your customer pays the invoice 30-60-90 days later (as normal)
- The finance company pay you back the remaining 10-20% of the invoice minus their fees (Typically less than 2%)