• 19 Dec

    Factoring Market Slows Down For Christmas

    The #factoring new business flow has started to slow down for the Christmas break, as it always does around this time of year. We are in contact with large numbers of businesses so we notice when the holiday slowdown is beginning to come into effect. It becomes harder to speak to our contacts at prospective client companies and more and more are "out of the office" or on holiday.

    Factoring Slows Down For Christmas

    The irony is that in January there is always a surge of "desperate" prospective factoring clients as they have waited over the holidays and finally concluded in January that they need funding ASAP!

    As always we will do our best to help them, we can arrange factoring for clients within just a few days, but it would make a lot more sense for businesses to plan ahead when it comes to their Christmas cash flow!

    By Glenn Blackman

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Examples of funders we work with:

nucleus
metro bank sme finance
skipton
bibby
leumi abl
funding invoice