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Raising finance through factoring


Factoring provides cash to your business with no time delay from issuing invoices as well as sales ledger and collection services.

For many small to medium enterprises (SMEs), outstanding invoices are their largest asset. Most SMEs do not have the resources and information systems to efficiently collect their outstanding invoices.

Factoring can be an alternative to transfer the debt collection and ledger management to a factor and almost immediately get cash advances with the issuance of an invoice. The cash can be used to reduce your own debt or for investments to grow your business.


The industry - although often unknown - is quite large (over £60 billion turnover was factored last year). Factoring companies exist as divisions within most commercial banks, as divisions of large financial institutions, as small to mid-sized independently owned companies, and as services offered by individuals.

weitbild.com have put together a factoring comparison service to help you find the right cash flow solution for your company. We are able to put you in touch with the factoring companies best suited for your business, at no obligation. Get quotes here.

Alternatively, here is a listing of companies offering factoring services:

First Plus Loans
Comments: borrow anything from £5,000 up to £100,000. Then we provide a flexible, affordable loan with a single monthly repayment
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First Plus
Comments:Comments: borrow anything from £5,000 up to £100,000. Then we provide a flexible, affordable loan with a single monthly repayment
weitbild.com Rating:
Polar Loan
Comments: borrow anything from £5,000 up to £100,000. Then we provide a flexible, affordable loan with a single monthly repayment
weitbild.com Rating:
Loans.co.uk
Comments: borrow anything from £5,000 up to £100,000. Then we provide a flexible, affordable loan with a single monthly repayment
weitbild.com Rating:
 
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