How does factoring finance work

We can arrange some of the most flexible factoring facilities around, with fast decisions and friendly professional advisers ready to talk you through the process step by step. So whether you are looking to raise funds to assist your business cash flow or need finance to acheive a management buy out then call us in strict confidence on the number above.

In its simplest form, factoring involves selling your invoices to us, in the factoring company administer them for you and allow you to draw down funds against their value.

A very simple guide to basic factoring services
YOU / YOUR BUSINESS RECEIVES AN ORDER

YOU DELIVER THE PRODUCT / SERVICES

YOU PRODUCE THE INVOICE AND SEND A COPY TO THE FACTORING COMPANY

FUNDS,WILL BE TRANSFERED ELECTRONICALLY INTO YOUR ACCOUNT (IF REQUIRED)

THE FACTORING COMPANY WILL SEND OUT STATEMENTS TO YOUR CUSTOMERS

THE FACTORING COMPANY COLLECT PAYMENT FROM YOUR CUSTOMERS

THE FACTORING COMAPNY WILL PAY YOU THE BALANCE MINUS ITS FEE

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General financial planning and advice

Great British Finance Limited are authorised and regulated by the Financial Services Authority (FSA). The FSA does not regulate some forms of Mortgage, Inheritance Tax Planning, Credit Cards, Personal Loans, Deposit Accounts & Insurance. If you are submitting an online request, we would advise to read our KeyFacts statement, links are at the top and bottom of this page.

We have produced in conjunction with Godbold a new dedicated invoice factoring, invoice discounting and cash flow funding website, to visit the new 'invoice-factoring' website click here