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Factoring
Factoring, Invoice Discounting and Trade Finance
UK Credit Insurance Specialists Ltd has 20 years experience of dealing with many of the leading invoice and trade finance companies in the UK market and in that time has developed a reputation for being a knowledgable business partner with the expertise and relationships to find the ideal funding solution for your company.
In this market, many products can appear similar and it is important to have an understanding of the individual funder's strengths and weaknesses to know whether they are the right choice in your particular sector. UK Credit Insurance Specialists’ knowledge and reputation ensures that you speak to the best companies for your business' circumstances.
 Invoice Discounting
Invoice Factoring
Trade Finance
If you are looking for Invoice Finance then we can help. Simply contact us and provide as much information as possible about your business and needs.
Invoice Discounting: Allows your business to release the value of funds held in outstanding invoices by converting them into cash. Our Invoice Discounting partners achieve this by assigning the value of your trade debts in return for between 75% and 90% of the total invoice value. You receive the balance of the invoice, less service charges, when your customer pays.
Invoice discounting provides you with funding that matches your sales growth and, through confidential invoice discounting (CID), this process can be completely invisible to your customers. Your sales ledger, customer contact and credit control all remain in your control with no mention of the funding relationship.
Invoice Factoring: Offers the same level of flexibility for your business as invoice discounting with the additional advantage that the funder also carries out your company's sales ledger management function. All aspects of your credit control are managed, on your behalf, by a professional team of credit controllers who will also maintain sales ledger records for your business and remit monthly statements of account to your customers.
There is wide flexibility in how this service can be provided and it can be tailored to suit your own circumstances. Full service factoring ensures that you benefit from the complete solutionas detailed previously, but it can also be delivered as a hybrid product with you managing elements of the credit control porcess inhouse eg. undertake your own sales ledger management.
Trade Finance: To enable your business to purchase goods or materials to facilitate the completion of an order, funds can be provided by a trade financier to alleviate the cash flow challenge between purchase and sale.
Trade finance is especially helpful to companies struggling to achieve their growth potential as they are constrained by limited cash or funds. This type of funding is often beyond the scope of traditional financiers i.e. banks. Trade financiers either open a letter of credit in support of your business, or pay your supplier directly, and consequently can fund 80% to 100% of the cost of goods plus duty and VAT. Such funding is placed in addition to your existing financing arrangements meaning that trade finance can enable your business to win additional business which otherwise would not have been the case.
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Credit Insurance Underwriters 
