factoring quotations online from factoring solutions

When looking for a factoring quotation please bear in mind that there are almost 100 factoring companies operating in the UK all appearing to offer the same thing. There are however, fundamental differences between many of them and the factoring company that may be the most suitable for one company could well be a financial disaster for the next.

This is where the factoring broker has historically been so useful as we know the market place intimately and will know the most appropriate factoring company with which to place each company, probably saving much heartache in the process.

A new type of factoring broker has recently emerged offering a service where the client can fill in a few details on a website and obtain a range of instant factoring quotes from different factoring companies. By clicking another link he can arrange to be contacted by whichever factoring company interests him.

Whilst this may seen a simple and painless process it has significant drawbacks as it is software driven and cannot take into account whether the factoring company is suitable at all, let alone the most suitable factor in the individual circumstances and far too frequently the company ends up talking to the wrong one.

We hope to explain a few of the pitfalls waiting to trip the unwary and we offer the option of either obtaining instant factoring quotes and proceeding with an automated system or doing it the old fashioned way and telephoning us to discuss your own individual circumstances.

The decision is yours and neither alternative will cost you anything but we would be grateful if you could take five minutes to read about the various pitfalls involved first.

Please see next page for details on selecting the factoring company