Skipton Select is a unique Invoice Factoring solution from Skipton Business Finance that boasts full transparency of fees. Skipton Select is a solution that boasts a simple fee structure and is completely interest-free. All you pay is a set-up fee and a service charge set by your turnover level.

Not only will you be able to enjoy the full benefits of an Invoice Factoring facility – such as a more consistent cashflow cycle that can help businesses meet weekly payroll obligations, pay for raw materials, pay upfront fuel costs, pay creditors, HP commitments etc – but also that the pricing for your facility is transparent and as clear as possible.

We know how hard expanding your business is, so you can be safe in the knowledge that your service charges will never drop down into a higher cost band if your forecasted turnover fails to reach the expected levels. If your turnover increases and qualifies for a lower cost band, a reduction in service charge will be applied at the annual review or even sooner.

Skipton Business Finance offers an individual approach to business finance and our decisions aren’t based on a ‘computer says no’ approach - it’s human. Your dedicated Account Manager, who is local to your area, will assess your business plan and sales, not historic balance sheets. This means your financial solution is tailored to you, but also flexible and can grow as your business does - unlike banks where you would need to repeat the application process every time you want to make a change. At Skipton Business Finance, you call your dedicated Account Manager directly (no call centre queues) and discuss how your needs have changed. Your dedicated Account Manager will get to know your business inside and out and will be passionate about supporting it grow.