If you don’t want your customers to be aware of your arrangements, you might want to consider confidential invoice discounting. This is ideal if you don’t have an expert credit management team in-house. You won’t need to chase the people who owe you money – the company providing the factoring service will carry out this work on your behalf.

Your provider will collect payments directly from your customers. The factoring company will forward the balance to you less any prearranged fees.They pay when the invoice is due rather than paying you directly Your customer pays the factoring provider.Receive up to 90% of the invoice value directly into your bank account, usually within 24 hours.They will process it and verify with your customer Send a copy to your factoring partner.Raise your invoice as usual, and send it on to your customer.Complete your work as you normally would to fulfil your customer’s order.Invoice financing solutions can help to lessen the load.įinding the right invoice financing agreement can sometimes mean the difference between sinking or swimming in such a competitive sector. When working for business clients, receiving payment upon completion of the job can be hard. There are alternative funding solutions out there to help you with your publishing and/or printing business – including tailored invoice financing agreements.Īt Touch, we are experts in helping manufacturing business owners find the invoice finance they deserve. This is where invoice finance might be able to help. There are many individual reasons for cash flow problems, unique to each retailer. Invoice finance could be the key to unlock your cashflow Invoice finance can help to keep the money coming in to ensure payment delays don’t lead to drastic action.ĭemand for care homes is only growing but securing the funding to break through can be a challenge. Used by recruitment companies for decades, invoice finance is tailored perfectly to the industry. Find out how invoice financing can assist a construction company’s cash flow.

Invoice factoring cost