What is a factoring broker?
It makes sense to use a reputable and well established factoring broker. They will undoubtedly find you the best option which will be invaluable when it comes to choosing the … What is a factoring broker?
It makes sense to use a reputable and well established factoring broker. They will undoubtedly find you the best option which will be invaluable when it comes to choosing the … What is a factoring broker?
Selective factoring enables business owners and managers the opportunity to select which customers or transactions they would like to fund, collect and insure against a potential bad debt. Selective factoring … Selective Factoring
Trade finance provides the ability for business to purchase goods and stock from within or ouside the UK. The goods can either be pre sold or unsold. Funding is available … Trade Finance explanied
Bad debt protection can be provided on a stand alone basis or in conjunction with a factoring or invoice discounting facility. When provided with factoring or invoice discounting it is … Why do I need bad debt protection?
XL Business finance has been trading for over 10 years and during that time we have developed an in depth knowledge of the UK factoring market. We know at lease 20 … Why use a factoring broker!
A business manufacturing prepaid telephone cards recently approached XL Business Finance needing funding for 3 single debtors all of which were based on the continent. Having been declined finance from … Need 100% Export Finance?
It is commonly thought that bad debt protection or credit insurance can only be provided by the the incumbent invoice discounting or factoring company. It is a little known fact … Invoice Discounting and bad debt protection
In theory obtaining a factoring facility for a new start business should be a relatively easy process. However we would advise that you consider a specialist factoring company that isn’t … Factoring for a new start business
The most common recourse period offered by a factoring company is 90 days. If at the end of 90 days and your customer hasn’t paid their invoice many factoring companies … Beware of refactoring charges
We are still seeing so many businesses struggling for cash flow with inadequate working capital facilities and replacing their bank overdrafts with invoice finance. Bank overdrafts are not designed to … Replacing an overdraft with invoice finance