Welcome to Approved Invoice Factoring, the leading online buyer's tool for comparing quotes from top Invoice Factoring companies based in the UK.

Our free service allows you to get quotes fast (and with no obligation) by filling out just one simple form:

Get Quotes from Factoring Companies

Invoice factoring, or debt factoring, is a quick to set up and straightforward way for companies to smooth out their cash-flow at a time when bank funding is hard to come by. Billing clients on 60 or 90 day invoices is not only common practice but essential for some types of business - but when clients pay late vital funds for expanding your business or paying creditors can fail to materialise. Invoice factoring solves this problem by providing a credit line up to a set percentage of the face value of outstanding invoices, allowing you to unlock the value of your outstanding debt.

Approved Index has put together a first rate directory of invoice factoring and discounting companies to make the process of securing asset based funding as simple and as straightforward as possible. Just fill out the simple form above to get up to four quotes today with no charge and no-obligation to proceed.

What is Invoice Factoring?

An invoice factoring company will extend a company a loan of up to 90% of the face value of its outstanding invoices. The balance of the amount, less a fee, is paid upon payment of the invoice - a payment which the invoice factoring company then becomes responsible for collecting. Invoice factoring therefore carries the following benefits:

• Unlocking capital trapped in your unpaid invoices
• Freeing up money for business expansion or servicing debt repayments
• Outsourcing credit control, allowing you to redeploy staff elsewhere or do away with internal credit control altogether
• Restricting your borrowing to what you've already earned - reducing the risk of overexposure to volatile credit markets

Invoice factoring is also available with bad debt protection built-in. This insures you against the risk of debtor default so that if your clients fail to pay you don't remain liable for payment. This often requires advance credit checking of your customers and is sometimes called non-recourse invoice factoring.

Get Quotes for Debt Factoring Services

Approved Index makes the process of comparing invoice and debt factoring services a quick and easy one. Our collection of invoice factoring companies is ready to quote for your invoices today.

To find out how much capital you can release from your unpaid invoices just fill out the simple form above. You'll then recive up to four quotes for invoice factoring at no cost and with no obligation to buy.

Get Quotes from Factoring Companies