UK Business Debt Factoring is an extremely flexible form of finance, which grows in line with the growth of the business.
With considerable experience in the Sales Ledger Finance industry, and links with most of the sales ledger finance providers in the UK, Sterling Capital reserve are able to find the right facilities for our clients. Choosing the right facility and the right factor for your business can be a daunting and time consuming task. |
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UK Business Debt Factoring is an extremely flexible form of finance, which grows in line with the growth of the business. Sales invoices are forwarded to the UK Business debt factoring company who will immediately advance up to 85% of the invoice value. The balance of funding, less charges, is received once the customer pays.
In addition, the UK Business debt factoring company manages the sales ledger, issues statements, chases the debts, and collects payments from your customers. Should you require, bad debt protection is also available.
UK Business Debt Factoring can be used to generate funding in a number of situations:
There are two main costs associated with a UK Business debt factoring facility:
UK Business Debt Factoring Service charge:
Expressed as a percentage of turnover (generally between 0.5% and 3%), the actual charge will be determined by the workload involved i.e. the number of customers, the number of invoices raised, etc. There will often be a minimum annual charge imposed.
UK Business Debt Factoring Discount charge:
This is the cost of borrowing money, expressed as a percentage over bank base rate. The rate charged usually varies between 1.5% and 3.5% over base.
Use our Online Enquiry Form on the right hand side of this page or Contact Us on 0800 0735353 and let our professional team find you a competitive UK Factoring or Invoice Discounting Deal
Further UK Business services offered by Sales Ledger Finance:
Sterling Capital Reserve are specialists in all forms of UK Business Factoring for helping with UK Business Invoice finance and UK Business Invoice Sales Ledger Finance. This service is split into UK Business Receivable Factoring, UK Business Account Receivable Factoring, UK Business Confidential Factoring and UK Business Debt Factoring.
Sales Ledger Finance also covers UK Business Sales Ledger Finance, UK Business Invoice Discounting, UK Business Receivable Finance and UK Business Invoice Factoring. If dealing with the trade then Sterling offer UK Business Trade Finance
Sterling Capital Reserve also offers associated commercial and business products: Commercial Asset Finance and Commercial Mortgages
UK Business and Commercial Debt Factoring:
UK Business Debt Factoring | UK Commercial Debt Factoring | UK Online Business
Debt Factoring | Poor Credit Commercial Debt Factoring | Adverse Credit Commercial Debt Factoring | Non Status Debt Factoring | Small Business
Debt Factoring | Best Value Commercial Debt Factoring | Bad Credit Commercial Debt Factoring | Competitive Commercial Debt Factoring
Use our Online Enquiry Form on the right hand side of this page or Contact Us on 0800 0735353 and let our professional team find you a competitive UK Factoring or Invoice Discounting Deal.
