Which Finance Facility?
What Is Important To You?
Confidentiality – Is it important that your customers are totally unaware of any lenders involvement?
If so then the following facilities could work well for you:
- Confidential Invoice Discounting
- Confidential CHOCS
- Confidential Factoring
Credit Control - Do you want the lender to help you with credit control? If so then you may wish to consider:
- A Disclosed Factoring Agreement
- A Confidential Factoring Agreement
Minimising Costs - If you are looking to minimise the costs involved then you may wish to consider:
- Confidential Invoice Discounting
- Disclosed Invoice Discounting
- Confidential CHOCS
- CHOCS
Eliminate the risk of bad debts. If you wish to eliminate the risk of bad debts then it is important to use a non recourse facility or to source a credit insurance policy to run along side your facility.
Summary Table
| Facility | Confidential | Credit Control |
| Confidential Invoice Discounting | Yes | No |
| Disclosed Invoice Discounting | No | No |
| Disclosed Factoring | No | Yes |
| Confidential Factoring | Yes | Yes |
| CHOCS | No | No |
| Confidential CHOCS | Yes | No |
If there is anything that you would like to discuss which finance facility is right for your business please feel free to contact us on 0845 863 0738 or email us.