Invoice Factoring Manchester
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Invoice Factoring Manchester
Simply Factoring Brokers specialize in simplifying the complexities of invoice factoring for businesses.
Invoice Factoring is a way of selling your invoices to a debt factoring company or ‘funder’.
Invoice factoring is a financing solution that enables businesses to access immediate cash flow by selling their unpaid invoices to a third-party company, known as a factor.
Call for Invoice Factoring Services
Fund Your Business Today – Call 0333 772 1558 to release funds tied up in your invoices
What is Invoice Factoring?
In really simple terms, Invoice Factoring is a way of selling your invoices to a debt factoring company or ‘funder’. The factoring company then instantly provides between 80-90% of the cash tied up in an invoice, so you can get back to growing the business with money in the bank.
How does Invoice Factoring Work?
- Raise an invoice as normal when you make your sale
- Copy the invoice over to your funder or factoring company
- They’ll quickly verify the invoice before paying you up to 90% of the invoice total – instantly
- By boosting your cash flow this helps you to pay bills, invest in stock and expand your business
- Cut down the time you spend on credit control
How does Invoice Factoring Work?
- Raise an invoice as normal when you make your sale
- Copy the invoice over to your funder or factoring company
- They’ll quickly verify the invoice before paying you up to 90% of the invoice total – instantly
- By boosting your cash flow this helps you to pay bills, invest in stock and expand your business
- Cut down the time you spend on credit control
How do we help?
Our experienced team of independent factoring brokers are exactly that – independent. This means we’re not biased towards any particular lenders in the market. All of our decisions are based purely on which factoring company offers the best deal for you.
Phoning around to find the best debt finance deal is never the best use of your time as a business owner. Let us do all the legwork, take your ideas to the right people and tailor a solution to fit your business.
No Hassle Factoring
- We talk over your circumstances confidentially
- Within five minutes we’ll know whether we can help
- We scour the market on your behalf to find you the very best deal
- You then receive up to 90% of the value of an invoice the same day it is issued
No Hassle Factoring
- We talk over your circumstances confidentially
- Within five minutes we’ll know whether we can help
- We scour the market on your behalf to find you the very best deal
- You then receive up to 90% of the value of an invoice the same day it is issued
Services Include
- Invoice Discounting
- Construction Factoring
- Invoice Finance
- Haulage Factoring
- International Invoice Factoring
- Recruitment Factoring
- Small Business Factoring
- Business Loans
