- 14 Aug
Factoring Despite Individual Voluntary Arrangement (IVA)
Factoring can be arranged for your business, releasing cash for any purpose, despite your prime movers being in individual voluntary arrangements. In fact, we have just helped a client, where the prime mover was in an IVA, arrange a factoring facility, with an independent factoring company who are sympathetic to people in such situations. An IVA or Individual Voluntary Arrangement is an alternative to bankruptcy for individuals that have outstanding debts that they cannot pay. An IVA is arranged by an insolvency practitioner. If you are trying to find funding for your business, despite having personal poor credit history, or being in an IVA, please speak to Sean on: 03330 113622 and he will be able to introduce you to factoring companies that will be sympathetic to your situation.