What is invoice factoring?

Invoice factoring, a vital financial tool for businesses, offers a practical solution for managing cash flow and stabilising revenue. It involves the selling of your company's outstanding invoices to a factoring company. This process is not just a mere transaction; it's a strategic move to boost your business's financial health.

This arrangement is pivotal for businesses seeking to immediately improve cash flow without the hassle of pursuing payments themselves.

Find out whether invoice factoring can help improve your cash flow

Get a quote online or call us on the freephone number below to have a chat with one of our invoice factoring experts.

Get a quote online 0808 250 0859

Once I have made contact with Novuna, how long will it take for someone to see me? Is invoice factoring regulated in the UK? Is invoice factoring considered a loan? Why would a UK company use a factoring company? Is invoice factoring suitable for my business? How much does invoice factoring cost? How effective is invoice factoring? How do I transfer from my existing invoice factoring provider? What makes a business suitable for factoring and can anyone use it? Our company has recently experienced rapid growth, would invoice factoring be a viable option? Is it possible to terminate an invoice factoring contract prior to the 12 month term? How can we use invoice factoring to finance our staffing agency? What is a factoring company? How does a factoring service work? How does invoice factoring work? Why should I consider invoice factoring?