FactoringChoice and Accountancy Practices

We receive referrals from a growing number of accountancy practices.

In the case where Clients are new to this type of finance, we will:

• Evaluate the Client's situation (usually by visiting) and make practical recommendations on the type(s) of business finance that can be implemented.
• Brief the potential funder(s) with accurate information to obtain clear indications of likely terms and conditions of the Offer.
• Ensure that the funder delivers a package 'as indicated'
• Ensure that the Client understands the Offer and the impact it will have on the business.
• Ensure that the whole process from initial visit to activation of the debtor facility runs smoothly.

……and for Clients that already have a facility, we will:

• Evaluate the terms of the facility and determine whether the circumstances of the business have changed sufficiently to justify a revision of terms.
• Suggest what the changes should be.
• Negotiate with the existing funder (if required), to effect the changes, or approach a new working capital provider.

We save accountants time otherwise taken in dealing with factoring, invoice discounting or structured finance companies

and

We preserve the independence of your practice.

Two Clearing banks and several Factoring companies refer business to FactoringChoice

Continual Professional Development

We provide generic education and training to professional and business advisors for Invoice Finance and its related services, to both private and public sectors. This is possible because we are accredited by The Continual Professional Development Service. Please call us for details or to book on 01256 332250 or email us at: enquiry@factoringchoice.co.uk.