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Other business finance involving either commercial mortgages, factoring and invoice discounting, form the final element of our portfolio which compliment the rest of our mainstream product range.
Commercial Mortgages or loans are usually taken out to buy, extend, improve or re-mortgage premises or simply to reduce your existing interest payments.
Debtor finance' refers to factoring and invoice discounting products - flexible facilities that allow cash to be borrowed against invoices raised.
Factoring - A flexible way of improving cash flow, for all business types with gross sales of at least £50k pa. No other financial criteria apply.The factor's involvement is disclosed to your customers and the factor undertakes credit management on your behalf.
Invoice Discounting - An advance against unpaid sales invoices without any intervention in credit management. This facility is usually confidential in nature. |