White Label Confidential Factoring
Confidential factoring appeals to some clients as it gives them the benefits of factoring whilst preserving their confidentiality i.e. their customers are not aware that they are using the facility.
The key benefits are:
- Cash flow benefit from prepayments against invoices as soon as they are raised.
- Credit control support from the factoring company's staff but in the name of your business.
- Statements sent to your customers by the factoring company but showing your branding.
- Chasing letters sent to your customers by the factor but again showing your branding.
Not all confidential factoring products are the same. In some cases all the paperwork is not branded in the style of your business.
A new version of the product has just launched, called "White Label" and that seeks to give you a proper white labelled version of this product, including branded paperwork.