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Non-Recourse Factoring Summary

Non-Recourse Factoring In A Nutshell

  • Non-Recourse Factoring improves your cash flow by providing an immediate injection of cash against the value of your outstanding invoices.
  • When you raise an invoice, we can release up to 85% of the value of that invoice within 24 hours. The remaining 15% is paid to you, less a small service fee, once we receive payment from your customer.
  • Your business has access to a source of funding, which grows in line with your sales.
  • Our bad debt protection provides added security and peace of mind that you will get paid even in the event of one of your customers insolvencies or inability to pay.
  • We will prepare and send out statements, telephone all your customers, collect payments for you and maintain professional and detailed accounts of your transactions.
  • With our Non-Recourse Factoring service you remain in control by working with a dedicated team of people who ensure your customers are as happy to deal with us as they are with you.
  • Receive a Bibby Purchase Card (at no additional cost), and use the funds we make available to make purchases as and when you want.

What Next?

If you would like to speak with one of our Non-Recourse Factoring specialists simply complete our contact form. Alternatively you can call us FREE on 0800 91 95 92, email us at marketing@bibbyfinancialservices.com or request a call back.

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Non Recourse Factoring Case Study

“The nature of our business means we have to make immediate cash payments to our suppliers for the fresh produce, but we can then wait 30 – 60 days to receive payment from our customers. We needed to identify a method of funding that would enable us to bridge this gap, freeing up the cash tied up within our business.”

Sarah Wagstaff
Apeeling Veg’s Founder

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