- 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 - What about a Seasonal business?
It would be expected that a bank would provide a base facility with a trade finance funder providing all the necessary additional funding during and immediately after the sales peaks. A track record of performance is essential.