Welcome to the Factoring Information Centre
Introduction
This section of the website of Money Advice Direct deals specifically with Factoring and Invoice Discounting.
Poor credit history, or lack of a track
record is not a problem. All enquirers are welcome whatever your
status or circumstances. Start up businesses always welcome.
Using our extensive knowledge, we will identify the key problem areas at hand and provide an explanation of the way factoring or invoice discounting would work for you and give you a realistic indication of likely funding levels, terms and the costs involved.
We recognise the diversity of our clients - from people who are considering setting up in business for the first time, to established medium-sized businesses that could benefit from our help. We have a ruthless customer focus and aim for a seamless, integrated, world class service accessed through local and national partners. We listen carefully to our clients and seek regular feedback. We are open, responsive and supportive. We aim to provide a flexible range of services appropriate to our clients' needs and their stage of development.
A trained business adviser will always be available to discuss your needs the same day and your call will be treated in confidence.
We're here to help, so please feel free to:
- Call us on 0800 074 6918
- E-mail factoring@insolvencyhelpline.co.uk
- Complete the on-line application form
Listed below are some of the frequently asked questions on Factoring
- Introduction to factoring
- Factoring - online enquiry form
- Factoring - the facts
- How does factoring work?
- How does invoice discounting vary from factoring?
- How does invoice financing work?
- Possible disadvantages of factoring
- Improve your business cash flow
- Why factoring?
- How do I set up a facility?
- The solution for owner managed businesses?
- Is factoring for you?
- Case studies
- Are your clients credit worthy?
- How to reduce business risk
- Effective debt collection
- What if your clients will not pay?
- Why you should pay your invoices on time
- What is trade credit insurance?
- Business Solutions section
IVA's
The IVA Guide
Money Advice Direct has put together an IVA Guide based on the enquiries and questions that we receive at our helpline offices.
In the guide we cover such subjects as IVA Approval, early settlment of your IVA, missed IVA payments, IVA failure, additional debt claims and much more.
[click here for IVA Guide]
What is an IVA?
The IVA is an extremely powerful tool enabling you to clear your debt and return to a clean financial bill of health. Visit Money Advice Direct's Guide to Individual Voluntary Arrangements (IVAs).
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DANGER
Due to the tremendous demand for debt consolidation services the United Kingdom is now overloaded with debt management companies that contain misleading information. [more...]