Invoice factoring is a financial transaction in which a company sells its receivable accounts, such as invoices, for cash. It is used to maintain a company’s working capital and prevent cash being tied up in unpaid invoices.
This process is commonly used to create financial stability and maintain cash flow between raising an invoice and being paid. Invoice factoring allows you to hold control over your balance sheet and continue business operations without cash flow restrictions, giving you confidence in your business activity.
Although your receivable accounts are no longer in your possession, the processing and chasing of payment remains your responsibility. This ensures confidentiality, protecting your business reputation while allowing you to continue normal business operations with full working capital.
Universal Company Incorporations provides bespoke financial solutions for your business. Our team are experienced in implementing initiatives and will meet all your specific business requirements. Our expert financial support will ensure the long term growth and profitability of your business.
Universal Company Incorporations is always on hand to guide you through all of the stages of forming a new enterprise or expanding an existing company in multiple countries. Please don’t hesitate to call us on +44 (0) 208 421 7471 or contact us via the website for help and advice.