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Spend less time chasing payment and more time chasing new business
Debtor Finance (or as it is sometimes known - Invoice Finance, Factoring or Cash flow finance) is a flexible funding service which releases cash tied up in outstanding customer invoices, bridging the cash flow gap between raising an invoice and getting paid.
In addition, as part of our factoring service, we can provide comprehensive credit control service, issuing end of month statements, chasing and collecting outstanding invoice payments and handling the administration on your behalf, freeing up your time to manage and grow your business.
Improve your cash flow
Factoring, or Debtor Finance, boosts your cash flow by providing an immediate injection of cash into your business against the value of your outstanding invoices.
Each time you raise an invoice Bibby Financial Services will release a percentage of its value within 24 hours. The remaining balance, less a small fee will be paid to your business once your customer has settled the invoice payment in full. This provides both an immediate and ongoing supply of cash linked to your sales, so as your business grows so does the amount of funding available to you.
More time to focus on growing your business
In addition to the cash that we provide, we can also save valuable management time by providing a comprehensive cash flow management service, ensuring payments are collected effectively and efficiently.
The benefits of Debtor Finance
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Improve your cash flow to stay in control
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Release working capital to take on more business
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Free the family home from the business
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No real estate security required
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Win business by offering more competitive terms of trade with confidence
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Improve margins by gaining a better deal from suppliers using your improved buying power
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Access funds quickly to take advantage of opportunities as they arise
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Funding grows in line with your sales
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Protect your bottom line by removing early settlement discounts
How does it work?
For a demonstration of how Debtor Finance works, click here.
Stay in control of your finances with 24 hour access to reporting
To help you stay in control of your customer accounts we can provide access to our fast, secure and easy to use online system which provides 24 hour access to your account information, enabling you to keep track of payments received and the amount of funding available to you. View our client access demonstration.