- 02 Apr
Not the Time to Shop Around for a Factoring Deal?
We had a factoring prospect over the last few days that was convinced that it was not the right time to shop around for a factoring deal due to the recession. The opposite is true. OK, the factoring industry is a little more careful risk wise and prices are not as low as they were but there are still excellent deals to be had if you are prepared to shop around.
We have found prospects quotes with minimum service charges of just £1,800 per annum and we have found deals at 1.5% over base rate so they are there to be had. It's just a case of knowing where to look!