What is Disclosed Invoice Factoring?

Disclosed Invoice Factoring is an Invoice Factoring solution that advances money to a company as it issues new invoices.

Your Invoice Factoring solution with Skipton Business Finance will operate on a disclosed basis, meaning that your customers will be aware of our involvement. This is done by placing a Notice of Assignment on your sales invoices kindly asking all your customers to make payments directly to us.

Disclosed Invoice Factoring from Skipton Business Finance

With many businesses now having to wait up to 30 (and in some case even 90!) days for invoices to be paid, it’s no wonder business owners are looking for ways to access working capital to ease their cashflow. 

By using a Disclosed Invoice Factoring solution, where your customers are aware of our involvement in funding your business, you can unlock the cash you have tied up in unpaid invoices so that you can forget about your cashflow woes and focus instead on running and growing your business.

How do Invoice Factoring facilities work?

Instead of waiting days and days for all your customers to pay you, our Disclosed Invoice Factoring solution can advance you funds against your unpaid sales invoices up to a pre-determined percentage. Our experienced and professional team will then take the responsibility for securing the payments from your valuable customers and giving you the best financial service .

Not only will you have the peace of mind that those customers are being dealt with by our friendly and hard-working credit control team, but our efficient service means that you can have access to funds quickly.

Why use Skipton Business Finance?

We pride ourselves in our flexibility and you can be assured that our Disclosed Invoice Factoring solution will be tailored to operate with you business and, more importantly, customised to how your business then develops.

Our experienced team adopt a commercial approach to underwriting, putting your business at the forefront of our decision-making process. We never use a system-style scorecard and make each decision based on the individual merits of each and every business.