There are a number of advantages to using invoice factoring
services:
Instant Cash. 80-90% of your issued invoices are
prepaid within 24 hours.
Sales ledger management and debt collection. The
factoring company does it for you.
Factoring rivals and often replaces the traditional
bank overdraft. In addition to all the credit management
services, a factoring facility grows with the business and
does not need renegotiating every time an increase is required.