Arranging Factoring Accounts Receivable with Touch

At Touch Financial we’re committed to helping businesses save time and money. As the UK’s leading online commercial finance broker we’ve already helped thousands of organisations to set up finance packages that stimulate business growth. How can we help you?

We work with businesses to help them find the right product from the right lender. One of our specialities is helping organisations with factoring accounts receivable.

Factoring accounts receivable with Touch

Is your business caught by the problem of needing to pay suppliers and also waiting for customers to pay you?  Factoring is a great way to release the thousands of pounds tied up in your unpaid sales invoices.

The typical factoring arrangement means up to 95% of your sales invoices are paid by the lender, often within 24 hours of being submitted. This can dramatically improve your cash flow. 

It can also cut your administrative overheads, with the lender taking responsibility for chasing your customers for payment.  When the customer settles the bill the factor pays you the outstanding balance, less a service fee.

You can put the money released by factoring accounts receivable to good use, such as investing in business development and growth.

Want to know how much cash your business could release from its sales ledger? Compare factoring quotes instantly online.

Reasons for using Touch

• Our service is free of charge. We’re paid our commission by the lenders.
• We respond quickly. We’ll often put you in touch with a lender the same day.
• We offer an independent service. Because we’re independently owned we are entirely impartial.
• Our reputation gives us access to exclusive rates, including a ‘try before you commit’ offer with some lenders.
• We work with over 20 lenders, including Lloyds TSB Commercial Finance, Royal Bank of Scotland and Bibby Financial Services.
• We serve customers all across the UK.

Typical customers of Touch

We’ve helped thousands of organisations with factoring accounts receivable. They come from a wide cross-section of industry, and they range from sole traders to public limited companies.

Typical features of our customers are:

• Anything from a start-up to an established organisation.
• Based anywhere in the UK.
• Have a turnover over £50,000.
• Supply goods and services to businesses, on credit terms of 30 to 90 days.

If your business fits these criteria why not get in contact with Touch Financial to see how we can help you.

Get in Touch today!

The quickest way to find out how much money you can release by factoring accounts receivable is to complete our online quote form.

This will also give you an indication of costs.  You’ll find that factoring is a cost effective way to generate additional finance, and there’s no need to use additional assets as security.

Our team of experts can give you free advice about a wide range of subjects. If you’re concerned about getting into financial difficulties we can offer you a consultation at no charge. If you need more help or advice, why not call us now?

Compare quotes instantly online >>

Also in this section:

• Accounts Receivable Factoring Overview
• Accounts Receivables Factoring Explained
• Release Cash Immediately With Receivable Factoring?
• Factoring Accounts Receivable Benefits
• Arranging Factoring Accounts Receivable with Touch
• Business Receivable Factoring vs Factoring