Factoring A Single Invoice

[plasticpig]

Looking at options to maintain cashflow whilst fulfilling an order. Client is public sector so minimal risk. Any recommendations for a finance company to use?

[AndyC_123]

What kind of money are you talking?

[egomeister]

https://marketfinance.com/ can do this I think.

[plasticpig]

£40K or £60K depending on which Invoice we decide to factor.

[MaxFromage]

Are you with a high street bank? Barclays have just pulled out of factoring and Lloyds are moving into individual factoring...

[Birkin1932]

overdraft?

[plasticpig]

We ended up financing it ourselves by all the directors chipping in. Persuaded the supplier to increase our credit limit as well.