A Home Counties producer of organic fruit and vegetables saw their sales grow by almost 30% in the space of 12 months ...
Welcome to First-Factor
Uncomplicated, Free Advice on the Best Factoring Solutions For Your Business - Whatever The Size and Age
Flexible Factoring Solutions For Small, Expanding and New Start Business - Up to 85% of Invoice Value paid within 24 hours !
First-Factor are acknowledged as one of the UK's principle specialist in the field of Cash Flow Improvement.We can solve your Cash Flow and Working Capital problems by converting your debtor book into readily available cash via Invoice Financing. No matter the age and size of your business we can provide workable and cost effective Factoring solution to improve the cash flow in to your business.
Merchant Cash Advances - Up Front Cash against Future Credit and Debit Card Transactions
If you are a Retailer or Merchant we can also provide Cash Advances against future Credit or Debit Card transactions that you administer through your Merchant Terminal. Cal us today to find out more.
Free, Independent Advice To Anyone New To Factoring and Invoice Finance
We work with all of the UK’s leading providers of Factoring and Invoice Finance which enables us to find exactly the right deal for the particular needs of your business and, importantly,at the most competitive rates. Our services are entirely free and confidential and we will work quickly and efficiently on your behalf to ensure you get the best possible Factoring Solution in place in the shortest possible time. Please call us today at local rate on : 0845 838 1954 or contact us via e-mail : enquiries@first-factor.co.uk
How does invoice finance work
Quite simply, Factoring companies advance money, normally within 24 hours, against your sales invoices. The amount of this advance is normally 85% of the invoices with the remaining 15%, less charges, being made available once the invoice is paid. A key advantage to Invoice Finance is that given the amount of funding made available is based on the size of your customer debts, if your business is expanding the amount of finance available will grow as your debtor book increases.
Protection
Most Factoring Companies can provide peace of mind by protecting your debts against non- payment. The terms of this cover varies from one provider to another and may cover either all of your debtor book or selected customers. The cost of this would be over and above the normal service charges.
