What is factoring?
Factoring is a way of financing your outstanding invoices. It is also a way of eliminating your cash flow problems
You assign some or all of your debtor file to a factoring company.
It then takes responsibility for both accounts receivable, for pre-financing your invoices and research into the creditworthiness of your customers.
Commercial Finance Group accommodates your needs perfectly. By outsourcing all these activities you gain precious time and you immediately receive up to 90% of the value of your factored invoices in your bank account.
This will cost your company a few percent of its turnover, which is quickly recouped by savings on administration and overdraft charges.
And it means you can get on with running and growing your business.
