Business Finance

[BGARK]

We have been factoring our debtor book with credit control included for around 4 years, most of our customers require credit, B2B etc, and yes we obtain payment up front where possible but its not with most.

Now the business is doing much better we would like to move to "Confidential Invoice Discounting". In an ideal situation we would buy the entire debtor book back and credit control ourselves but we don't have enough cash reserves to do so at the moment. One alternative could be a loan but we don't know who would give us one, this is not a route our bank wants to go, they have really pissed me off and seem unwilling to help with anything sensible.

My question is does anyone have any recommendations in the this area for who is best to use, specifically for CID or ideally a loan.

Thanks.