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Factoring

You can free the money tied up in your sales ledger and cut out valuable management time chasing late payers. You can receive an immediate cash injection into your business of up to 85% of all outstanding invoices.

You could hand over the burden of managing the sales ledger and chasing up payments. Wouldn’t your time be better spent securing new business instead of chasing money from customers?

Anglo Asset Finance (UK) Ltd together with the finance company will tailor a scheme to suit your business needs. An ongoing supply of funding and additional administrative support for your business is just around the corner.

How does it work?

  • You receive an initial cash injection of up to 85% of outstanding invoices.
  • You submit your sales ledger information to the finance company on an ongoing basis via an online account management package.
  • The finance company then converts up to 85% of new invoices into available cash and you choose how much of this you want to use.
  • You receive the remaining 15%, less the finance company’s fee, as and when outstanding invoices are settled by your customers.
  • The finance company can prepare and send out statements, telephone your customers, collect payments and will adapt a support function to meet your specific needs.
  • People, not computers, staff the operations team. Your customers will react much more positively to the personal approach by professional credit managers than to standardised impersonal computer-generated letters.
  • You remain in control by working with a dedicated team.

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Find out more

If you would like to know more, use the contact us page or freephone 0800 389 0688.

© Anglo Asset Finance (UK) Ltd 2007

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