Factoring

Ultimate factoring releases the money tied up in your customer invoices to raise cash for working capital and for expansion. It is often preferable to a bank overdraft and therefore becoming increasingly popular.

We provide advances of up to 85% of your approved invoices together with a debt collection/sales ledger management service.

It’s a quick and simple process that minimises your administration. You receive the funds you need by cheque, BACS or CHAPS, usually the same day we receive your invoices. We pay you the balance of your approved invoices as soon as they are collected.

We'll provide regular up to date statements of your account, both by post and via our real time internet client access system, so you're always fully informed.

In certain circumstances you may prefer to collect some or all of your debts yourself. This facility is called CHOICE (Client Handles Own Invoicing & Collections).

If would like us to contact you to discuss our factoring services please fill out our information request form.

If you would like an idea of the cost of our factoring services please complete our quote form.