Factoring in Worcestershire

Alliance Commercial Finance is centrally based near Worcestershire, working with both local Worcestershire businesses and those throughout the UK. We provide invoice finance and factoring solutions to help businesses maximise their cash flow. Here at Alliance Commercial Finance we work with over 25 different finance providers to meet your businesses day-to-day cashflow requirements, through invoice finance and factoring.

 

  • Factoring or Invoice Finance is a quick and effective way to release cash from unpaid invoices
  • Access up to 95% of the gross value of each invoice
  • Helps maintain a regular cash flow and enables you to meet bills, wages and other key operating expenses
  • You can retain the credit control management and also have a confidential facility
  • All facilities are operated online making the account run smoothly

 

Factoring in Worcestershire

Factoring is the most commonly form of invoice finance. It is a form of working capital finance that often exceeds the amount cash typically offered through traditional forms of lending.

Factoring your invoices helps provide you with the cash flow to pay suppliers, wages or for expansion projects. Factoring allows you immediate access to funds tied up in your unpaid invoices. This could be as much as 90% against the gross value of each invoice outstanding, which means you don’t have to wait 30, 60 or even 90 days for your customers to pay.

The factoring company takes over your sales ledger management, providing a payment collections and credit control service. The benefit is you’ll have more time to concentrate on growing your business within Worcestershire.

If you do not wish for your customers to know you are using an invoice finance facility, you can use a confidential invoice discounting facility. This means that you will still handle all the money collections and credit control functions. The invoice finance provider will simply look to advance up to 90% against the gross value of each invoice outstanding.

If you’re business is working within Worcestershire and currently using factoring but feel that you’re paying too much, or if you are considering using a facility for for the first time, contact a member of the Alliance Commercial Finance today.

We are your local invoice finance broker in Worcestershire with relationships with over 25 different providers, giving you the ultimate choice and flexibility for your business.

 

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