• 16 Sep

    Access to Funding in the Factoring Market

    Whilst the ongoing credit crunch saga and the recent events with Lehman's bank are affecting the availability of finance generally, the factoring and invoice discounting markets are still relatively unscathed.

    Some of the factors and discounters have tightened up their funding criteria but there are still players within the market that are leading by being bold with the finance they will offer. For the present time at least, the availability of finance within the factoring market has not been significantly affected.

    This may be due, at least in part, to the fact that the underlying security for a factoring transaction is the value of the clients outstanding sales invoices, which will hold their value, as opposed to assets that are dropping in value e.g. property. Similary, unsecured credit such as loans are becoming harder to access.

    By Glenn Blackman

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Examples of funders we work with:

apollo business finance
investeccapitalsolutions
nucleus
time finance
inksmoor
leumi abl