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FULL SERVICE FACTORING
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Many established businesses are well run and fundamentally sound, yet they constantly suffer from shortage of cash which can eventually lead to the breakdown of profitable trading.

Full Service Factoring gives you total peace of mind and much more.

You would receive up to 85% against your debtor book and the balance on payment of the invoice.

In addition full service factoring means just that, by taking away the burden of running the sales ledger, while safeguarding your cash flow through effective but sensitive supervision and collection.

The factor looks after all your customer accounts and they chase the slow payers to ensure as much of your money is available to you as quickly as possible..


Services available
  • Recourse Factoring offers all the benefits of factoring but without the burden of running your own sales ledger. The factor looks after your customer accounts and funds you up to 85% of your invoice value and balance is paid to you when your customer pays.

Why not call us today on: 01480 471615

you can email us at: info@angliancommercialfinance.co.uk

or use our online contact form		 RETAIL SALES FALL AGAINRetail sales declined for the 13th consecutive month as already low consumer confidence has been worsened by anxiety before Rachel Reeves late November budget. A survey by the Confederation of British Industry found that sales volumes had decreased across the retail, wholesale and motor industries. It found that retail sales volumes had declined by 27% year on year and anticipated a higher rate of decline at 39% in November

HIRING FALLS TO 13 YEAR LOW Hiring confidence among UK employers is at its lowest for 13 years in spite of signs of a summer rebound in output, The April rise in employers national insurance, policy uncertainty and other cost pressures have pushed the indicator for employment to its weakest since 2012, according to the BDO Business Trends baroeter. Business confidence also fell in June compared with May and was under-whelming the accounting firm found after polling 4,000 companies.

. MORE RETAILERS GO BUST Retail insolvencies were 13.6 % higher in May, according to Coface, the credit insurer. The rise follows the increases to employer national insurance, the minimum wage, and the national living wage, which came into effect in April. Clothing and textiles retailers, and those selling electronic goods, saw the biggest rises in insolvencies.

INSOLVENCIES RISE The number of businesses becoming insolvent rose sharply last month as companies faced higher staff costs and continuing uncertainty over trading arrangements with the United States. Business insolvencies in England and Wales rose 15% to 2,238 in May compared with the same month a year ago, according data from the Insolvency Service. The number of creditors voluntary liquidations, through which a director chooses to close down the business, rose by 13% to 1,734 while the number of company administrations, which usually involve larger enterprises, was up by 12% to 136.