1st Factoring Quotes Lloyds TSB Commercial Finance

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Current Lowest Rates:
- service charge: 0.3%
- excl fund rate: base+0.25%
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Manufacturer Factoring
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Case Study: Recruitment
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Case Study: Manufacturing
Manufacturer Factoring

Manufacturers face a problem - suppliers need to be paid to deliver supplies to continue manufacturing but when goods are sent to the wholesaler or the company making the order, the invoice raised may not be paid for a long period.

Finding the liquidity to continue to pay suppliers allows certain manufacturers to grow and prosper - those who can't find it may go out of business even if they run a successful operation.

Manufacturer factoring allows raised invoices for goods delivered to be discounted and cashed providing the cash to pay suppliers for more raw supplies. The operation becomes more fluid and the risk of facing cash flow problems disappears.

Many successful manufacturers have used factoring and discounting to help fund their growth and provide a smother cash flow situation - many factoring companies specialise in manufacturer services and solutions due to its popularity.

To compare manufacturing factoring prices click here.

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