What is Factoring?

Invoice factoring is a quick and easy way for you to improve the cashflow of your business by borrowing against invoices you have issued to your customers.

Tens of thousands of companies across the UK utilise factoring companies like Cashflow Partners and it is a trend that is growing in popularity. Here is how it works:

1. You provide services or goods to your customer.
2. You raise an invoice in the normal way.
3. You send the invoice to Cashflow Partners and assign the debt to us.
4. We will make available up to 80% of the value of the invoice to you.
5. Cashflow Partners send the invoice to your customers informing them that they should pay Cashflow Partners.
6. Cashflow Partners will contact your customer to progress payment as quickly as possible.
7. Once the debt is paid we will forward you the remaining 20% less our administration and factoring charges.

Who can use Invoice Factoring?

Cashflow Partners' services are targeted at clients in the business to business marketplace, the majority of services companies, trade suppliers and manufacturing companies can benefit from working with us.

Our current clients are large and small, some are well established and others are start-ups, so as long as your business issues contracted invoices to customers, then Cashflow Partners can help you.

How will it work for your clients?

Cashflow Partners can help you improve your relationships with your customers by being more professional in the way your sales ledger is managed.

We can also save you time and money thus allowing you to concentrate on adding value and selling to your customers.