Bad Debts - Might you suffer as a result of a customer going out of business?

The current economic climate is proving difficult for most businesses and so taking every step possible to protect your business is essential.

At Factoringandinvoicediscounting.co.uk, we understand that businesses change and so do their requirements. So it is vital that your finance arrangements keep pace with your plans, your customers and especially the wider economy.

A working capital solution linked to bad debt protection can help free up cash whilst at the same time giving peace of mind that your money is protected from customer failure and suffering a bad debt.

A non-recourse factoring agreement would provide all the usual features, such as:

Cash flow improved by the release of cash from outstanding invoices
An immediate injection of working capital - up to 90% of the value of your outstanding invoices
An effective invoice collection service - saving you valuable management time.

But, also:

Should a customer fail to pay you due to insolvency or protracted default, your account will be credited with up to 100% of the outstanding invoices. (Subject, of course, to the terms and conditions of your agreement)
The factoring company will credit check your existing and prospective customers, thus reducing the likelihood of difficulties.

Follow this link to see how this helped one business inpractice.

Why not call us for a no-charge, no-obligation chat about the options that are available and how these can help your business progress?

Contact

Ian Jones (Head of Business Development) on 0161 438 8555 or 07801 858737, or

Stephen Devonport (Business Development Manager) on 0161 438 8555

OR

email us at enquiries@factoringandinvoicediscounting.co.uk

Follow @FactoringandID

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Areas of the UK covered include, Manchester, London, Liverpool, Leeds, Birmingham, Sheffield, Stoke, Bristol, Southampton, Preston, Hull, Bradford, York, Bolton, Stockport, Newcastle, Sunderland, Bath, Norwich, Reading, Telford, Ipswich, Southend, Chester, Brighton, Salford, Leicester

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