Factoring is the oldest form of Finance in the world.
Clients offer all their unpaid invoices to the Factoring Company. Once invoices are verified, the lender will fund up to 80% of those invoices in cash.
This gives businesses the necessary cashflow they need.
Once debtors pays the financier, they inturn pays the last 20% less fees at end of month after collections.
Very versatile product with some great advantages to small business.
If Full Service Factoring is the product you’re looking for please contact TDFC, and one of our consultants will give you a more detailed rundown of the facility and companies at your disposal.