6 months guarantee!
At Ultimate we pride ourselves on our high service levels and place great importance on ensuring our clients receive a first class experience.
We are extremely confident that you will be satisfied with the support you receive; however to back this confidence we would like to offer a six month guarantee. This means that if at the end of 6 months you are dissatisfied with our service and wish to terminate the relationship, you are free to do so and any service charge payable during the 6 month period will be refunded. It is reasonable to expect that in return we will have had the opportunity to resolve any issues first.
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 professional credit control, debt collection and sales ledger management service.
It’s a quick and simple process that minimises your administration.
Funds are available by CHAPS or BACS, the day after we receive your invoices and will be processed to your company bank account upon your request. If you require faster receipt of funds, we can make a CHAPS transfer the same day that we receive your invoices, however this service is chargeable. The balance due on invoices is then made available to you as soon as the money has been collected from your customer.
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. You can access our client area to view this system with the following log on details
Username: dem.guest
Password: guestguest
Alternatively In certain circumstances you may prefer to collect some or all of your debts yourself. This facility is called Ultimate CHOICE (Client Handles Own Invoicing & Collections). This is similar to factoring in that we can advance up to 85% of your approved invoices, however by maintaining your own credit control you can still maintain a close relationship with your customers.
We also have Ultimate CASH which provides funding, sales ledger administration, optional payroll management and debtor protection services for temporary recruitment and labour hire agencies throughout the UK.
Paying staff on a weekly basis can cause real problems with working capital and cash flow for both established and new-start agencies. Also, administration can be a heavy burden on a young company.
Ultimate cash provides the money to pay the agency workers weekly, pays the agency its profit margin every week (less our charges), takes control of payroll processing, and manages the credit control, sales ledger administration and collection. Ultimate debtor protection is also available as an optional extra.
It is best suited for temporary recruitment and labour hire agencies who provide, for example, office staff, contract cleaners, security providers and IT contractors.
Also if you are a Small Business looking for funding, why not visit our Small Business Specialist Invoice Finance Providers — Ashley Commercial Finance.
If would like us to contact you to discuss our factoring services please call us on 0800 121 7757 or email info@ultimatefinance.co.uk
Debtor Protection
Ultimate debtor protection lets you sleep at night by insuring against the risk of debtors failing to pay.
We protect you from bad debt, and also against protracted default, whether your customers are based in the UK or overseas.