Invoice Factoring enables you to get paid when you raise your invoices, regardless of when your customer actually pays you. It takes away all the difficulties of chasing money and helps removes the worry of not knowing when you might get paid. Our factoring service offers a fast, painless way to improve your cashflow and with Venture, you get the advantage of industry-leading credit control working for your business too.
How does Invoice Factoring work?
Instead of waiting for customers to pay your invoices, after goods are delivered you send copies of your customer’s invoices to us. You can then draw up to 90% of the value, immediately – with the balance, less our fee – available once we’ve collected the money from your customer. No more waiting 30, 60, or 90 days. No more wondering when you’re going to get paid.
Invoice Factoring means that we take responsibility for securing the payment from your customers. We do it efficiently, courteously and professionally – tailored to your business culture. Your customers get a good impression and you enjoy excellent credit control, without the overhead. Include our
Bad Debt Protection service, and you can reduce your risk from failing customers too.
What’s next?
To find out more about our debt factoring facilities take a look at
the benefits.
If you would prefer to maintain your own in-house credit control, take a look at
Invoice Discounting, or to discuss factoring services with our experienced team call us on:
0800 077 8547.
