Factoring

Factoring Summary
Confidential Factoring
Non-Recourse Factoring
Export Factoring

Factoring - What Is It?
Our Factoring service means that we can help you improve your cash flow by providing an immediate injection of cash against the value of your outstanding invoices. Then as 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.

This means your business has access to an ongoing supply of cash linked to your sales. So as your business grows so does the amount of funding available to you.

In addition to the cash that we provide, we can also save you valuable management time. We manage your sales ledger by chasing and collecting outstanding invoice payments from your customers on your behalf, so that you have more time to concentrate on generating new business. We will prepare and send out statements, telephone all your customers, collect payments for you and maintain professional and detailed accounts of your transactions.

We also give you 24-hour Internet access to your customers' accounts so you can keep track of payments received and the amount of funding available to you.

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.

Factoring - How Much Does It Cost?
Our services are tailored to your business so the fees will depend upon your specific needs.

There are two types of fee. The first is the cost of the money you use, which is extremely competitive when compared with other forms of finance. The second is a service fee.

What Next?
If you would like to speak with one of our Invoice Discounting specialists simply complete our contact form. Alternatively you can call us on 01953 455 766, email us at info@mcm-inc.co.uk