Specially negotiated rates with over 20 leading funders.
Total independance.
Client driven.
Immediate response.
Ongoing facility reviews.
Cheaper price guarantee.
Complete confidentiality.
Free and impartial advice.
'Funding your company is the most important aspect to ensure success'. Sir John Harvey Jones

Before signing up for any finance Facility contact us for a free no obligation health check to make sure you are getting the right package for your business development.

As part of our service, we can offer a facility review or facility 'health check', to ensure your company is getting the most out of its invoice finance facility.

Common problems:-

Not recieving correct prepayment level of invoices.
Debtors days too high.
Cost too high.
Bad service including debtor collections
Capping level of funds needs to be increased.
Concentration limits on debtors is reducing funding.
Our facility 'health check' looks at all aspects of your facility and addresses point by point what could be done to improve it.

A local farming company asked us to do a facility review, they had substantial funding difficulties. They had been factoring for 9 months and claimed they had only really been funded for the 1st 3 months, since then they had struggled to gain any funding even though their facility charges were much more than expected.

Why?

Doing work for a well known DIY chain who took anything up to 110 days to pay. They were signed up to a standard 90 day recourse agreement, therefore after 90 days the unpaid invoice was disapproved and the funding recalled. This was followed by a 1% refactory fee charged on each invoice.

Solution

Move to a funder who will increase the recourse period to 120 days with no refactoring fee.

Contact us today to find out how we can help you improve the financial health of your business.

Please quote eSources UK when contacting us.