Factoring

What is Factoring

Factoring is a financial transaction whereby a business sells its accounts receivable (i.e., invoices) to a third party called a factor at a discount.

Invoice factoring is a disclosed finance facility where your customers are advised to make their invoice payments directly to FN Money, the factor. This type of funding is available to be used in a range of situations. If your business is strong or struggling, trading negatively or positively or even trading out of difficulty with your own creditors, we can help you.

Each time you raise an invoice to a customer, we can release up to 80% of its value within a matter of hours. The balance, less a small fee, will be paid to you once your customer pays the invoice in full. This increases your cash flow allowing you to grow your business.

NEED SHORT TERM

QUICK BUSINESS FINANCE?

Please fill out the quick enquiry form:
Call me back Email me



Captcha Image