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Factoring



Factoring is a flexible business funding solution designed to improve cash flow by releasing working capital from outstanding invoices and injecting it back into your business quickly, efficiently and cost effectively. Factoring is a good funding solution for new, growing and established companies that are unable to obtain traditional bank financing as well as for businesses that experience seasonal demand. When you work with ICF, you will have a dedicated account team that interacts seamlessly with you and your customers.



The Benefits of Factoring:



• Fast, flexible source of funding which grows in line with sales

• Cash advance on your invoices, usually within 24 hours

• Full accounts receivables management support

- we follow up with your customers for prompt payment

• Improves cash flow to free up management time and focus on growth

• Real-time, online access to status reports via our account management system

• Flexible terms and conditions

• Financing available against fixed assets

• Expert advice from credit management professionals to help you evaluate potential customers


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