Invoice Factoring

If you are looking to improve your cashflow, save money, improve the service you receive from your current provider or simply take advantage of our free factoring and invoice discounting review service, we can help.

Here at Target Business Assist, our team are highly experienced in the factoring sector.

Why use us as your Factoring Broker?

• We have access to the best UK lenders and will look at your business extensively to ensure you gain the best rates and agreement to suit you.
• We will give you immediate, simple advice to make sure that you not only find the solution that is right for you, but also that you understand the contract as well.
• As we an independent and not tied to any specific lender, all of our advice is totally impartial.

What Can Your Business Gain From Choosing The Invoice Factoring Solution?

• It can increase your cashflow instantly
• It can bridge the gap between raising invoices and getting paid
• It can raise up to 95% of the value of your invoices
• You can use the funds to develop your business

Why invoice factoring is so important for businesses to survive and grow

In order for your business to not only survive but prosper and grow the most important thing is keep your cashflow healthy.

Invoice factoring lets you free up cash tied in your unpaid invoices and use it where needed rather than waiting for payment which can sometimes be up to 90 days.

A recent survey showed that the reason many businesses fail is because their cash runs out. Suppliers, bills and wages still need to be paid and there is often a gap between raising your own invoices and receiving payment. This gap can be filled by factoring or discounting.

Factoring can in some cases also help businesses to expand. Often companies cannot supply the demand for their products and services due to a shortage in cash-flow. By using a factoring facility this can give you business the cash injection it needs.

Using such a funding facility is relatively low risk. You are not committing yourself to a business large loan and having to meet monthly payments you can’t afford as you are simply borrowing against your own invoices. This makes it a much more flexible solution.

One of the main advantages of using an independent factoring broker such as Target Business Assist is that they have specialist knowledge of the lending market. They also have immediate access to the best deals the various lenders are offering which often change on a daily basis. As with most brokers, Target offer a free service to their clients so you really have nothing to lose and with over 42,000 companies in the UK currently using an invoice factoring and discounting facility it seems to be the sensible cashflow solution.