Spot factoring has become an increasingly popular way for SMEs and established businesses alike to quickly access funds from specific invoices which have been raised to customers.
Rather than handing your entire sales ledger over to an invoice factoring partner, spot factoring allows businesses to choose individual invoices which they wish to advance, offering greater flexibility at competitive rates.
Capitalise works with a huge range of spot factoring companies with extensive experience providing this handy financial product to businesses across almost every sector of the UK industry.
Advance selected invoices without handing over your entire sales ledger.
Traditional invoice factoring partners will typically take over your entire sales ledger, forwarding payments to your business as soon as they are raised to your customers. However, this isn't always ideal particularly if there are large disparities between the value of the invoices you're raising.
Spot factoring is great for both SMEs and mature businesses as it offers far greater control over your cash flow, helping you to quickly access funds that can be used for stock purchases, staff wages, marketing, advertising, or just about any other business purpose.
Use Capitalise to discover spot factoring companies who understand the unique financial challenges faced by your business.
