Business Finance

Factoring & Confidential Invoice Discounting

As an alternative to the overdraft many businesses have been able to raise working capital by “selling” their debtors to a specialist factoring company. Factoring can allow a business to raise immediate additional finance based on the value of the outstanding invoices. Growing businesses in particular often find that factoring is a more flexible source of working capital than the overdraft. Factoring allows a business to raise up to 80% or more in some instances of the outstanding invoice value, whereas the overdraft provided by a bank is only likely to raise around 50%. The right provider will save you administration time, improve your systems and controls and most importantly unlock that vital cash flow!

As an alternative to factoring (where the factor takes over maintenance of your sales ledger and can impose constraints) you may be able to access a Confidential Invoice Discounting service which provides the same kind of boost to working capital however still leaves you in control of our own debtor book. Because it is confidential, your customers will not know that you are using the services of such a facility and your accounts department will send out invoices and statements as usual.

Xba has access to the UK’s leading factoring and invoice discounting companies as well as the subsidiaries of the major UK banks to help you secure the most appropriate and cost effective solution for working capital suport.



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