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Corporate Business Finance - UK Contract Hire

Factoring & Invoice Discounting

 
 

Do your customers take too long to settle invoices?

Does this restrict the growth of your Business?

Is your Sales Ledger Management time consuming and costly?

Why not let CBF help release funds from your Sales Ledger and reduce the Administration Burden:

Factoring
A flexible arrangement which releases valuable cash from your Sales Ledger and reduces admin time and costs.

Benefits:

  • Generates cash which greatly improves Cashflow
  • Independent Sales Ledger Collection Service
  • Enable a Company to concentrate on New Business with the knowledge the invoices will be effectively collected and Managed

Normal Procedure:

  • You raise a Sales Invoice with a copy to the factoring Company
  • Factoring Company advances an agreed % of invoice total
  • Factoring Company collects cash
  • Factoring Company pays the balance less agreed charges

Invoice Discounting
A flexible arrangement which releases valuable cash from your Sales Ledger. For well established profitable Companies who have their own efficient credit control department.

Benefits:

  • Generates cash which greatly improves Cashflow
  • As you are still collecting your own invoices the service is totally confidential
Normal Procedure:
  • Your Company raises an invoice as usual
  • You send a daily sales listing to the discounter
  • Discounter pays an agreed %
  • You send out statements and chase invoices as usual
  • You receive payment and bank the cash in a trustee account
  • Discounter returns the remaining balance less agreed charge
ONE CALL TO CBF AND WE WILL ARRANGE EVERYTHING
Tel: 08700 550970
(Charged at National Call Rate Only)