• 07 Dec

    54 Percent Of Businesses Think Factoring Improves Speed Of Debtor Payments

    Around this time of year payment delays can occur and many businesses are experiencing a slowdown in their cash flow. Factoring can help improve cash flow by making available immediate payments against invoices and by providing a credit control service.

    Factoring Improves The Speed Of Debtor Payments

    In some cases, clients are cautious about using an outsourced credit control service as they are worried about whether it will affect their current debtor turn (a measure of the speed at which debtors or customers pay).

    Our recent research, amongst 100 SME businesses found that 54% of businesses thought that using a factoring service would improve the speed with which debtors paid.

    By Glenn Blackman

Share with:

Examples of funders we work with:

closebrothersinvoicefinance
bibby
acg
pennyfreedom
igf
inksmoor