Advantages of factoring

1) A large and quick boost to your cash flow

• With Charterhouse Commercial Finance as your factor, up to 85% of your invoices can be made available to you within 24 - 48 hours of sending us your invoices.
• A continuing source of working capital, you will get paid earlier, allowing you to:
  • reduce your capital base requirements;
  • take advantage of early payment discounts to suppliers and increase profit margins.

2) Reduce the time you spend on credit control

• As your factor, Charterhouse Commercial Finance takes the responsibility of recovering debt and outstanding invoices, which will free up time to concentrate on your core business.

3) A more responsive alternative to business overdrafts and loans

• Factoring is a competitive business and as such it is competitively priced.  It is more than likely that overdrafts, loans and mortgages would cost you more time and money than our factoring fees and are less responsive.

4) Business credit rating is not an issue

• You may qualify for factoring even if you are a young company. You may even be able to improve your credit rating and financial statements by using Charterhouse Commercial Finance.

5) Efficient handling of all your invoicing

• Here at Charterhouse Commercial Finance, we will run a very efficient sales ledger for you. We provide a professional service that treats your customers as if they were our own.

Our extensive experience spans most industries that can factor and as a member of Charterhouse Group International, we are backed by a business that handles the invoicing of over £400 million per annum.

If you would like a free telephone consultation, please click here or alternatively telephone 0870 243 1836 .

Next: How Factoring Works