The question came up, can you get factoring if you have only just moved to the UK?
The answer is “Yes”.
There are a few points that are relevant:
- Homeownership will be preferable, but not essential.
- The nature of your industry will help your case is its highly suitable to factoring.
- Preferably you will have permanent residency but again it is not essential, providing you will be resident for a reasonable period of time.
- EU citizenship is ideal but again non EU citizens may still be able to access factoring via some of our partners.