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Invoice Factoring enables you to get paid when you raise your
invoices, regardless of when your customer actually pays you. It
takes away all the difficulties of chasing money and helps
removes the worry of not knowing when you might get paid.
Our factoring service offers a fast, painless way to improve
your cash flow and with WWCB2B.COM, you get the advantage of
industry-leading credit control working for your business too.
How does Invoice Factoring work?
Instead of waiting for customers to pay your invoices, after
goods are delivered you send copies of your customer’s invoices
to us. You can then draw up to 95% of the value, immediately –
with the balance, less our fee – available once we’ve collected
the money from your customer. No more waiting 30, 60, or 90
days. No more wondering when you’re going to get paid.
Invoice Factoring means that we take responsibility for securing
the payment from your customers. We do it efficiently,
courteously and professionally – tailored to your business
culture. Your customers get a good impression and you enjoy
excellent credit control, without the overhead. Include our
Bad Debt Protection service,
and you can reduce your risk from failing customers too.
| The Advantages
of Factoring |
Factoring is great way to raise funding quickly and painlessly,
without sacrificing equity or going through laborious processes with
a bank. It can help fund start-ups and growing or expanding
companies and helps ease cash flow pressure. Factoring is used to
great effect by all sizes of business, from a wide range of industry
sectors.
Benefits of
Factoring
- Unlocking the money tied up in your invoices, giving you the
flexibility to grow your business
- Enjoying up to 90% of your invoice value upfront, with the
balance paid on collection, less our agreed fees
- The option of Bad Debt
Protection to protect your business against customers
failing
- Flexible finance that grows as your business grows
- Instant relief from debt: Factoring can provide funds in
days
- Award-winning service that gets you more money, faster,
easier
- Professional credit control - ours is one of the most
experienced in the business; our credit controllers have an
average of seven years specialist knowledge
- A dedicated Credit Controller who understands your business
- Personal account management, with straight-talking
experienced people you can rely on
- 24/7 access to your account
- A speedy solution – you could be up and running in as a
little as three working days from now
| Invoice Advances
and Costs |
Factoring is fast to set-up and unlike bank overdrafts or loans,
it automatically grows as your business grows. With Factoring,
you enjoy improved and predictable cash flow, and reduce the
valuable time and resources you currently expend on credit
control.
Is it right for you? It could be if:
- You are a business to business sales company in the UK
- You have an annual turnover above £100,000 or you are a
start-up business with a strong business plan
- You issue invoices with trade credit terms from 14 to 90
days
At WWCB2B.COM, we’ve helped many clients in all kinds of
businesses, from start-ups to market leaders, enabling them to focus
on growth, while we take care of the invoice finance and credit
control.
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