A quick, hassle-free way to get fast access to business finance and a great way to release money locked up in your invoices – especially when you want a facility in days rather than weeks. Helping you fund expansion, improve efficiency, or refinance your business.
The benefits of FastTrack Factoring include:
- A FastTrack, hassle-free approach to setting up your Factoring facility. We aim for one visit and a same-day in-principle decision and indication of finance available.
- We work to get your facility in place within 5 working days of our meeting with you. Funds available within 24 hours of raising an invoice.
- Receive up to 90% of the value of your invoices as soon as they are raised. You then receive the balance when the customer pays the invoice, less agreed fees.
- We have one of the most experienced credit control teams in the industry who will remove the headache of chasing customers, sending statements and collecting payments.
One of our Credit Controllers will be assigned to your account and will learn about your business and work to your desired style of collecting invoices. Think of us as an extension of your team.
Bad Debt Protection (optional) will protect you against the risk of incurring a bad debt. Unlike many competitors, ABN AMRO Commercial Finance provides up to 100% cover and one of the best-value rates around.
You’ll also get an experienced Factoring Relationship Manager to look after you – reinforcing that with ABN AMRO Commercial Finance you are definitely a name and not a number.
Your Factoring facility grows as your business grows, giving you maximum flexibility without having to renegotiate fixed limits.
Start-up businesses with a solid business plan and forecasted first-year revenues above £100k find Factoring helps with their cashflow and credit control from day one.
Submitting invoices, reviewing your account and requesting money can be carried out simply, online.
Find out if FastTrack Factoring is right for your business: check if your operation is eligible or call our experienced team on: 0800 077 8547.
