Confidential Factoring In A Nutshell
- Confidential Factoring provides an immediate injection of cash against the value of your outstanding invoices.
- A copy of all sales invoices and credit notes are submitted to Bibby Financial Services as they are raised. We will then convert up to 85% of unpaid invoices into cash within 24 hours, less a small service fee. The remaining 15% is paid to you, less a small service fee, once we receive payment from your customer.
- Your business has access to an ongoing supply of cash which grows in line with your sales.
- We will prepare and send out statements, which carry your corporate style and branding, telephone all your customers in your company name, collect payments for you and maintain professional and detailed accounts of your transactions. We ensure that the facility is kept confidential at all times.
- By working with a Confidential Factoring specialist, it means that as well as a significant reduction in debtor days and improvement in cash flow, valuable management time can be spent driving business forward.
- Receive a Bibby Purchase Card (at no additional cost), and use the funds we make available to make purchases as and when you want.
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.
