Factoring and Invoice Discounting

Factoring allows you to raise finance based on the value of your outstanding invoices. Growing businesses, in particular, often find that factoring is a more flexible source of working capital than overdrafts or loans.

Factoring also gives you the opportunity to outsource your sales ledger operations and to use more sophisticated credit rating systems.

This briefing outlines:

• How factoring and invoice discounting work.
• Whether factoring is suitable for your business.
• How to choose a factor.