Although on the surface invoice finance and factoring seem fairly similar, in reality, these solutions are actually very different.
The key differences between invoice finance from MarketFinance and factoring can be broadly categorised into four areas: cost, contracts, credit control and confidentiality. Let’s take a closer look:
With our invoice finance solutions, you get:
- Accredited for CBILS lending: We’re certified by the British Business Bank to provide CBILS loans and CBILS invoice finance
- Fast funding: with quick decisions and easy set-up, you can get funds and get on with your business
- Help in real-time: from application to ongoing account management, our customer service team is here to help
- Straightforward costs: no hidden fees, so you always know what you're paying