Up to 95% of the value of your unpaid invoices (your entire sales ledger)
Depends on the product and on your payment terms (e.g. 30, 60, 90 or 120 days)
A weekly or monthly factoring rate of 0.5-5% of the total invoices, with higher rates for longer factoring periods, plus set-up fee (plus extra for bad debt protection)
Usually within 48 hours
To ease cash flow and to minimise late payment and debt (and to remove the hassle of collecting debt)
Smaller businesses with a minimum turnover (e.g. from $30,000) – some providers will work with new businesses
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