Top Invoice Factoring Solutions Today
Boost Cash Flow with Flexible Invoice Factoring Solutions
New to Factoring? You will be surprised at how effectively flexible invoice factoring solutions can assist your cash flow and working capital problems.
In essence, a factoring facility draws cash quickly into the business by converting your debtor book into readily available revenue, the security for the advance being the invoice itself.
No matter the age and size of your business, we can normally provide a workable and cost-effective factoring solution to improve the cash flow into your business at rates often far better than overdraft terms.
Discover Top Invoice Factoring Solutions for Business Growth
Key benefits of a factoring solution include:
- Up to 85% of the invoice value is paid to you on issue.
- Online process and cash paid into your account the same day / next day
- Facility available to new start business with turnover from just £100K per annum
- Bad debt insurance can be included if necessary to give additional peace of mind
- Factoring can be offered to most business types and Industry sectors
- Reduced finance costs over traditional overdraft facilities
- Easy to set up, and the service can be operational within 7–10 working days
Access Funds Quickly with Our Invoice Finance Facility
We offer free and unbiased advice and will tailor a Factoring and Invoice Finance solution for clients to meet their exact needs and budget.
Our level of service is extremely high, which is vital at a time when more and more businesses are finding that they have to look beyond the traditional bank overdraft to satisfy their increasing cash flow needs.
We will provide you with a view of the entire market, quickly and efficiently, and can implement a factoring solution without disrupting the running of your business.
Flexible Invoice Finance for Business Expansion
Invoice finance allows growing businesses to access funds tied up in unpaid invoices, giving them the working capital needed to take on new projects, increase stock levels, or hire additional staff. Rather than waiting 30, 60 or even 90 days for clients to pay, businesses can receive a large percentage of the invoice value almost immediately. This method of funding is particularly useful for SMEs managing inconsistent payment cycles or seasonal demand. It offers a reliable cash flow solution without needing to take on traditional debt or dilute ownership through equity financing.
Frequently Asked Questions
1. What is invoice factoring?
Invoice factoring is a financial transaction where a business sells its accounts receivable to a third party at a discount. This provides immediate cash flow to the business.
2. How does invoice factoring work?
Invoice factoring involves selling unpaid invoices to a factoring company. The company advances a percentage of the invoice value, collects payment from customers, and then pays the remaining balance minus a fee.
3. What are the benefits of invoice factoring?
Invoice factoring improves cash flow, provides quick access to funds, and reduces the burden of credit control. It allows businesses to focus on growth without waiting for customer payments.
Contact Kingston Finance for Tailored Invoice Finance Solutions
Answer a few questions about your business’s financials and discover how to take your business to the next level with Kingston Finance’s invoice factoring solutions.