Partnership Factoring was formulated for businesses with a full time book keeper or accountant.
There was no need for the Client to have a factoring company chasing invoices, setting credit limits, or account management. Partnership Factoring means the client needs less servicing and therefore only needs a finance facility. This facility being the cheapest factoring facility in the finance industry as clients submit invoices and get funding only. The financier still provides credit checks, and account management, but a majority of the finance facility in left to the clients hands, leaving you to do what you do best, Grow your business.
Price: 0.05- 3% Service fee per Invoice plus commercial interest rate
Why choose Partnership Factoring?
- Up to 80% advance on invoices .
- No automatic payments if required. You can draw up to 80% when you need it.
- Product fees are cheaper
- Credit searches and debtor checks
- Minimal account management as you are left to deal with your clients
- Collections are left to your departments
- Normally online, easy to use systems.
- Almost paperless systems
What other products can I choose from?
Factoring services include: