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Business Finance Online
Invoice Factoring & Invoice Discounting
20th August 2003
New Invoice Factoring & Invoice Discounting Partners
Over the last quarter, Xbridge, our business finance partner has added some significant new partners allowing you to compare costs and services from the best invoice financiers in the UK:
GE Commercial Finance - Part of the finance arm of the largest company in the world. Additional lending can be secured against stock, raw materials, property and equipment. MBOs, LBOs & structured finance specialists.
Lloyds Commercial Finance - Provide the complete asset backed lending service including all equipment on the balance sheet with a core focus on invoice discounting.
Both of these partnerships demonstrate Xbridge's commitment to offering invoice and structured finance to larger companies in addition to servicing the needs of small businesses.
Switching From One Factor to Another
Inter-factor transfers as they are known can happen for certain reasons e.g. i) to save money, ii) better service, iii) better advance rate. When you compare factoring companies be sure to ask the questions which will make the transfer easy:
Cheaper price is no substitute for better service and using the Marketplace allows you to compare factoring companies on service and price allowing inter-factor transfers to be made easier.
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