- 06 Jul
Factoring Options For Small Businesses At Last
It has been several years since there have been many factoring facilities available to the smallest businesses, for example turning over less than £100,000 per annum, after several factors pulled out of the sector. Many factors have said that they will still support small businesses but they impose such high minimum fees that it prohibits them in practice.
The market seems to be changing at last. There are a number of factors now actively targeting this sector which is creating options for smaller businesses at last.
We recently undertook a search of our database and identified over 600 prospects that could not previously be helped and can now be recontacted in view of the options that are now available.