Factoring for start up business
A start up company based in Crawley, West Sussex approached us for advice on funding. Factoring was the right solution for this company with a projected turnover in the region of £5million. We contacted several providers to ensure the client got the best deal and right match.
The views of factoring have now changed. It is no longer the last solution for struggling companies. The use of the traditional bank overdraft in many cases has reduced due to the greater flexibility that factoring gives you.
Getting the right provider and best deal is a challenge for the uninitiated, factoring includes a large element of service and whilst one might think that all providers are the same the truth is very different. If you get it wrong it could hold back your growth rather than advance it.
Using an independent commercial broker like A & T for your factoring needs will ensure that the right factoring facility is selected for your own business requirements.
Contact us now on 01903 602211 to arrange a no cost review of your needs.
