Non-Recourse Factoring Summary
Non-Recourse Factoring In A Nutshell
- Non-Recourse Factoring improves your cash flow by providing an immediate injection of cash against the value of your outstanding invoices.
- When you raise an invoice, we can release up to 85% of the value of that invoice within 24 hours. The remaining 15% is paid to you, less a small service fee, once we receive payment from your customer.
- Your business has access to a source of funding, which grows in line with your sales.
- Our bad debt protection provides added security and peace of mind that you will get paid even in the event of one of your customers insolvencies or inability to pay.
- We will prepare and send out statements, telephone all your customers, collect payments for you and maintain professional and detailed accounts of your transactions.
- With our Non-Recourse Factoring service you remain in control by working with a dedicated team of people who ensure your customers are as happy to deal with us as they are with you.
- 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 Non-Recourse 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.