What types of businesses are not suitable for Factoring?

The problem areas are: -

  • Long term contracts and retentions
  • Stage payments
  • Potential installation disputes
  • Maintenance contracts **

** Maintenance contracts can usually be overcome by putting them into a separate Company and there are specialist Trade Financiers who might be able to help with the other problem areas. So, do not be put off. If you do not ask the answer is always no.

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Bibby Financial Services
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Close Brothers Invoice Finance
Ultimate Finance Group
Ashley Business Finance
Shawbrook Business Credit
Factor 21
Working Capital Partners
Catalyst Finance
Market Invoice
Platform Black