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    • A Guide to Cash Flow Management
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Factoring

Enjoy positive cash flow – and let us manage your credit control

• Receive up to 100% of your invoice (less our charges) within 24 hours*
• Let us assist with the management of your sales ledger and credit control
• Benefit from a potentially valuable source of debt funding

Our expert team are here to help

Even the best run businesses can be put under pressure by cash flow issues. Factoring from Bank of Scotland Corporate relieves this pressure by advancing funds to your business – and by managing your sales ledger and credit control. So not only do you benefit from a quick, reliable source of funds, you also engage the services of our dedicated and experienced Cashflow Finance team.

Factoring not only lets you plan for the future with greater confidence, it also puts you in a stronger position when it comes to funding business opportunities.

How it works

We agree at the outset the percentage of each invoice we will pay within 24 hours – this can be up to 100%, less our charges*. Our team will then monitor the debts assigned for payment within your payment terms, contacting your clients by letter and telephone as required. When we are paid, we pay you any balance, less our interest charge on the initial advance.

Our How it works section gives more information on what options could create the best cash flow options for your business.

You can also protect yourself against non-payment of invoices with our Trade Credit Protection policy.

What will you use your funds for?

As with Invoice Discounting, you are free to use the cash in the best way for your business. Not only does Factoring offer you a predictable cash flow, it also offers you a potentially valuable debt funding package, reducing your reliance on more conventional equity funding methods.

Factoring is a chargeable service.

* 100% less our charges. 24 hours if required, – subject to agreed processing conditions.