Cash flow is an essential element for the survival and growth of any business. Cash flow may be inhibited by the amount of funds tied up in the debtors ledger whether due to slow payment or due to growth in sales.
Factoring provides a cost effective method of releasing the funds tied up in unpaid sales invoices.
Ulster Factors can provide a prepayment of up to 80% of the value of credit sales invoices on presentation. This is, in effect, an open ended cash facility with the upper limit determined by the client's ability to provide goods or services to credit worthy customers. The balance less costs becomes available to the client on payment of the debt by the customer.
Providing Factoring and Invoice Discounting Services throughout Northern Ireland, Ireland and UK Wide.
cash flow is an essential element for the survival and growth of any business. cash flow may be inhibited by the amount of funds tied up in the debtors ledger whether due to slow payment or due to growth in sales. factoring provides a cost effective