Invoice Finance Advice UK, is an independent factoring resource, set up to help you make the right choice from the ever increasing range of companies providing factoring services in the UK. With over 50 companies currently offering factoring, Invoice Discounting, stock and trade finance products, it has never been more important to have an understanding of the full range of products and providers available.

The simple fact is that no one single company has the ideal solution to every problem.
Our service is free to you, our income is generated by commission payments we receive from the factoring companies following successful introductions. There are no fees payable by you directly to us.

We are totally independent and are not tied to any particular lender, nor do we receive retainers from any company as we believe our clients should have as wide a choice as possible.

Whatever reason you are considering factoring for, whether you are examining the possibilities for the first time or you are already factoring and looking for a more flexible supplier, we believe we can save you time and therefore money by helping you identify the most suitable options as quickly as possible. Obviously the final decision as to whether to proceed with any factor we have introduced will be your own.

How much does factoring cost?
The first step is to request quotes for factoring services. Costs and services can vary considerably, so we supply an impartial quotation and brokering service free of charge and our expert advisor will talk you through the process and answer any queries relating to the breakdown of factoring costs.

Factoring is very competitively priced compared with other types of business finance. The fee is in two parts.

1) a service fee, covering the day to day servicing of your purchase ledger, usually between 0.5% and 3.0% of your turnover.

2) an interest charge, charged against the amount of each invoice. This will usually be a fixed percent above the factor's base rate.