CHOCS Invoice Factoring from Skipton Business Finance

Proud to be part of the Skipton Building Society Group

Why wait 30, 60 or even 90 days for your customers to pay your invoices. With a CHOCS Invoice Factoring solution from Skipton Business Finance, we can fund your business quickly to help you move in the right direction.

A CHOCS Invoice Factoring solution is a disclosed factoring agreement where your business maintains full responsibility for credit control rather than passing it to us.

What is CHOCS?

CHOCS (Client Handles Own Collections Service) is a type of Invoice Factoring that allows you to undertake your own debt-chasing work, whilst Skipton Business Finance provides finance against the value of your sales ledger and invoices.

This way you get the cash benefits of an Invoice Factoring solutions but your established and well-oiled credit-control team isn’t disrupted and is able to chase debts and function as normal.

How do CHOCS facilities work?

Here at Skipton Business Finance we truly believe that cashflow is the lifeline of any business. That’s why our Invoice Factoring solutions will release up to 90% of the value of your invoices. This allows you to keep control of debt collecting, so giving you control of managing credit control function for your business.

The remaining 10% will also be made available when your customers pay!

Why use Skipton Business Finance?

We pride ourselves in our flexibility and you can be assured that the CHOCS solution you’ll receive will be bespoke to your business and, more importantly, customised to how your business then grows.

Our experienced team adopt a commercial approach to underwriting, putting your people and business at the forefront of our decision-making process.

Contact us today & get a FREE quote!

If you would like a no-obligation FREE quote, please get in touch by ringing us on 0800 0854150 (call 0330 1232437 if ringing from a mobile).

You can also email us at        

Or why not utilise the handy form on the right and we'll call you back!

 Find out more

At Skipton Business Finance, we offer the following types of Invoice Finance:

4 reasons to choose us:

  • CHOCS Invoice Factoring solutions grow in line with your business
  • Real humans make lending decisions, not computers!
  • We are proud to be part of Skipton Building Society
  • We are completely independent of the main banks