Improve your cashflow with debt factoring

Are you looking to improve cashflow for your company and to shorten the cash cycle in your business? Deb factoring might be a solution for you.

What is debt factoring?

Debt factoring is an invoice finance solution Simply Business can offer to your business. Factoring is a transaction in which a business sells its accounts receivable to a factor. The factor is responsible for collecting the outstanding amounts from your business customers.

A debt factoring company will charge a percentage of your invoice for the factoring service.

Trust Simply Business and Touch Financial with debt factoring

• Quotes from the UK’s top invoice finance lenders
• Get the best facility for your business, not the most expensive
• No fee for arranging your facility
• No tie-ins. You can test a facility on a monthly rolling basis