Our factoring service at a glance:
• Your business raises an invoice and sends a copy to us.
• We can advance you upwards of 80% of the gross invoice value within 24-48 hours if you need it.
• We send out statements and collect the cash previously invoiced.
• We then pay you the rest of the balance minus our charge.

What are the advantages of factoring?
1) A large and quick boost to your cash flow
• Cash can be made available to you within 24 - 48 hours of sending us your invoices.
• A continuing source of working capital, you will get paid earlier, allowing you to reduce your capital base requirements and take advantage of early payment discounts to suppliers and increase profit margins.
2) Reduce the time you spend on credit control
As your factor we take the responsibility of recovering debt and outstanding invoices, which will free up time to concentrate on your core business.
3) A more responsive alternative to business overdrafts and loans
Factoring is a competitive business and as such it is competitively priced. It's more than likely that overdrafts, loans and mortgages would cost you more time and money than our factoring fees and are less responsive.
4) Your business credit rating will not be an issue
Business credit rating is not an issue, you may qualify for factoring even if you are a young company. You may even be able to improve your credit rating and financial statements by working with Great British Finance.
5) Efficient handling of all your invoicing
Our factoring partners will run a very efficient sales ledger for you. They will provide a professional service that treats your customers as if they were thier own.

Great British Finance Limited is authorised and regulated by the UK Financial Services Authority (FSA). For further details please read the Great British Finance keyfacts that explain what products and services we are authorised to provide - to read our Keyfacts statement please click here.

Questions? Contact Us Phone: 0845 130 0009 ©2003-2006 Great British Finance Limited, All Rights Reserved. E&OE. Head Office located at 19 High Street, Swadlincote, Derbyshire, DE11 8JE and 5 St Johns Lane, London, EC1M 4BH