WHAT IS FACTORING?
Factoring is also known as invoice financing. Essentially this specialist form of ‘money lending’ advances you the amount due on foot of an outstanding invoice at a fixed rate of interest.
The benefit of this form of borrowing is that you may borrow funds safe in the knowledge that the debt will ultimately be recovered and in the interim you have immediate access to funds which removes any cash flow issues or concerns.
Separately, FlowFactor Ltd can facilitate lending money should you be caught short when it comes to meeting either your tax or VAT obligations.Contact Us