Trade Debtor Finance Consultants can provide full service factoring for small businesses. A Very versatile product with some great advantages to small business, Full Service Factoring is the world’s oldest form of Finance.
How it works:
- Clients offer all their invoices into the Full Service Factoring Company.
- Once invoices are verified, the lender will fund up to 80% of those invoices in cash.
- Once the debtor pays then the financier pays the last 20% less fees at end of month after collections.
- 80% of Invoices are paid upon verification
- In order to avoid bad debt, there are credit checks on debtors
- Flexible account facilities
- Will do 1/1 facilities and exposure issues
- Assisted with Invoice collections
- Account management