Site Map | Site Index
Home > Our Services > Factoring > Confidential Factoring

Confidential Factoring

Improve Your Cash Flow And Save Management Time

 

Confidential Factoring - What Is It?

Our Confidential Factoring service means that we can help you improve your cash flow by providing an immediate injection of cash against the value of your outstanding invoices. Then as you raise an invoice, we can release up to 85% of the value of that invoice within 24 hours. The remaining 15% is paid to you, less a small service fee, once we receive payment from your customer.

This means your business has access to an ongoing supply of cash linked to your sales. So as your business grows so does the amount of funding available to you.

In addition to the cash that we provide, we can also save you valuable management time.

We provide a confidential sales ledger management service where we chase and collect outstanding invoice payments from your customers in your name. We will prepare and send out statements which will carry your logo, telephone all your customers in your name, collect payments for you and maintain professional and detailed accounts of your transactions, so that you have more time to concentrate on generating new business.

With our Confidential Factoring service you can also choose to have a Bibby Purchase Card (at no additional cost), which means that you can use the funds we make available to make purchases as and when you want. All transactions made on your purchase card will be reported on your normal statement. Additional cards can also be made available for members of your team to cover fuel purchases, lunch, expenses etc.

You remain in control by working with a dedicated team of people who ensure your customers are as happy to deal with us as they are with you.

Confidential Factoring - How Much Does It Cost?

Our services are tailored to your business so the fees will depend upon your specific needs.

There are two types of fee. The first is the cost of the money you use, which is extremely competitive when compared with other forms of finance. The second is a service fee.

What Next?

If you would like to speak with one of our Confidential Factoring specialists simply complete our contact form. Alternatively you can call us FREE on 0800 91 95 92, email us at marketing@bibbyfinancialservices.com or request a call back.

Newsletter:

Keep up to date with the latest business news in our quarterly newsletter. Register »

Contact Us

If you would like to find out more about the solutions offered by Bibby Financial Services click here »