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Need Factoring Advice?

January is one of the busiest months for businesses thinking of looking at invoice  factoring . After the Christmas break many businesses find them selves strapped for cash and as such enquiries for this form of finance sky rocket. The good news is that you don’t have to go to your clearing bank for these very flexible cash flow facilities. There are many independent based factoring and invoice discounting companies based throughout the UK who in our opinion provide a much more comprehensive funding package. Whether you are looking to raise cash against unpaid invoices or you need help with collecting your debtor book XL Business Finance will be able to help you find the most suitable funding partner.

AT XL Business Finance we deal with the vast majority of the UK based factoring companies. We know which finance company is best for your particular business. There are literally dozens of UK Based factoring companies offering up to 90% funding against your unpaid invoices. The thing is though that not all of them are the same. Like with any financial institution they all have their sweet spot and each and every finance company has their own particular sweet spot! How can you be sure that unless you use an independent  factoring broker that you are finding the company with the sweet spot that matches y9our own particular and unique requirements?

What is the point of factoring your invoices with a company that the Head Office is based in London and you are based in Manchester. If you have any issues surely it is better that you can drive a few miles down the road and have a face to face chat with a decision maker! Additionally you might want to ask if the factoring company  you are dealing with has credit control and collections based in the same office. Not all do!

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XL Business Finance Ltd is a privately owned and independent business financing company with established links to many of the UK's leading finance houses. XL Business Finance provides a viable alternative to high street banks that lack the flexibility and imagination to provide a solution to most business users requirements. XL Business Finance can provide a full range of business financing solutions and we ensure a high level of customer service and pride ourselves on quick decisions. Our independent status will ensure any offer of funding and asset finance leasing is best suited to our customer’s needs.

XL Business Finance, Eaton Place Business Centre, 114 Washway Road, Sale, Cheshire M33 7RF UK.

 

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