- FAQ's Introduction
- How does factoring differ from Invoice Discounting?
- What effect will using factoring have on my business?
- What effect will it have on my bank?
- Does it increase Administration?
- Will it work for my type of business?
- What happens if sales drop?
- What about a Seasonal business?
- Is there a minimum time I must contract to a funder?
- How much does it cost?
Invoice Financing/Factoring - Will it work for my type of business?
Any business can use these facilities provided invoices are raised to other businesses for goods sold and delivered or services rendered and completed.
Businesses that raise invoice for part deliveries, progress payments, stage payments, sale or return or sales to the general public are not appropriate for these types of finance facilities.
