Welcome to Commercial Factors & Finance

We provide cash flow, working capital & debtor administration solutions, including factoring. It’s that simple!

Flexibility is the key. We fund on single invoices. We discount Invoices periodically.  We factor and discount entire accounts receivable ledgers on a continual basis.  We provide cash flow solutions!

The majority of our clients choose our full service offering known as factoring. We release the value tied up in their accounts receivable. Unlike an overdraft it’s not a business loan. We buy invoices from our clients and receive payment directly from their customers.

Our clients receive the majority of an invoice’s value straight away (75%-88%), we deduct a fee (2%-5% this includes the administration fee & assumes the customer pays within 60 days) and our client gets the balance once the customer has paid.  Everyone’s happy; the client receives payment within a day or two of providing the goods or services; the customer is allowed credit for the period agreed with the client and we receive a fee for factoring, invoice discounting and/or the debtor management.

Selective Invoice discounting is also popular because, once set up, the facility can be used like a backup overdraft. Our clients can use it when it suits and they know that most invoices can quickly and easily be turned into cash.

We professionally manage the debtors’ ledgers of most of our factoring clients, allowing them to direct valuable time and a more concerted effort to core business activities.

Our rates are competitive. Our funding rate can be as low as 12% per annum.

•    the cost of finance is often less than comparable bank overdraft rates and
•    professional debtor’s ledger management is often cheaper than the cost of doing it in-house.

We provide a reliable source of working capital that grows with sales volumes. As your business makes it to the next level, the funding is already in place. No need to approach the bank because the overdraft limit has, once again, become an obstacle.

Call us now if you are missing out on profitable sales, supplier discounts or debtors and cash flow are simply an issue.

 

Marty Haydon   GM