What Is Debt Factoring?
Debt factoring is an alternative term to invoice factoring and takes place when accounts receivables, typically in the form of invoices, are raised by a business and passed to a debt factoring company for them to provide a cash advance – up to 100% of the invoices’ value.
Mark was able to quickly assess my business’ primary operation and provide tailored recommendations based on the information I provided. Sourcing a suitable financing solution to meet my company’s needs within the space of a 15 minute phone call. Kept in touch to ensure that the process was running smoothly. Highly recommended
Very easy to use and guided every step of the way
Very smooth dealing with Kirsty on the phone and email a service i had not used before and I would not hesitate to use again
I knew I needed help with factoring but I didn’t know who to call or who was good or bad. Touch Financial took that pain of phone calls away. Within two days I had four suppliers of factoring/invoice discounting services in my office for meetings.
Even when the deal was signed they still kept in touch to make sure I was happy with the whole process.