Factoring has benefits such as having your sales ledger chased by a professional credit controller, however some clients are worried that they don't want their customers to know that they are using a factoring service. Confidential factoring is the answer it. The client gets the benefit of using a factoring company's credit control team but all activities are carried out under the client's own branding:
- Separate telephone number is used for calls.
- The phone is answered as your company.
- All correspondence, statements etc is sent out showing your own logo and branding.
You also get the benefit of the funding generated against your unpaid sales invoices.