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    Author Archive: Ian Hepworth

    Factoring Invoices – Do I Have to Factor All My Invoices?

    Factoring Invoices – Do I Have to Factor All My Invoices?

    We are often asked if when factoring invoices you have to notify all your invoices. The short answer is, ‘No‘. When factoring invoices you have a few options ranging from financing a single invoice through to a whole turnover agreement. If you want to discuss your options call us on 0845 251 4040. Let’s look […]

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    How to Maximise Cash When Invoice Discounting or Factoring

    How to Maximise Cash When Invoice Discounting or Factoring

    A lot of our clients want to ensure that they can maximize the cash generated by an invoice discounting facility. As such they compare different offerings based on the headline rate of the prepayment. For example they assume that a facility with 90% prepayment will generate more than a facility with 85% prepayment. This may […]

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    5 Most Common Mistakes When Setting Up a Factoring Facility

    5 Most Common Mistakes When Setting Up a Factoring Facility

    A lot of our clients have been disappointed with their first experience of factoring and come to us with the hope of improving service levels, reducing costs and improving cash flow. What we do see are some common mistakes that a lot of businesses make when setting up their factoring facility. Let’s look at the […]

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    The Best Factoring Company

    The Best Factoring Company

    We often get asked by business owners, “Which is the best factoring company for my business?” The answer is not always immediately obvious as relies heavily on the type of business that we are talking to and the unique requirements of that business. The best factoring company for a multi-million pound turnover exporter will probably […]

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    Construction Factoring – What is it and how does it work?

    Construction Factoring – What is it and how does it work?

    Construction factoring is aimed at construction contractors who are required to submit applications for payment to main contractors and then wait for these applications to be signed off and then wait again for payments to be processed. In the meantime the contractor may have wages and suppliers to pay so they need access to cash. […]

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