Examples of Actual Factoring and Invoice
Discounting Cost
Savings Found for
Clients
We search the market for our clients and we
can identify providers that can significantly reduce the cost of their
existing factoring or invoice discounting facilities.
We have found that
we can save 92% of businesses money on quotations that they have
received elsewhere or on the service charge cost of their existing
facilities. We have been able to achieve an
average saving of 33% of the service charge cost.
Below are a
few examples of instances where we
have managed to save clients significant amounts of cost on their existing
debt factoring or invoice discounting facilities, in many cases we can save
clients between 33% and 75% of the existing costs:
 |
Recruitment company - saved £7,000 per
annum (pa) on current fees. |
 |
Recruitment company - saved over £6,000 pa
on fees charged previously. |
 |
Accident management company - saved £10,000
pa on the cost of their existing facility. |
 |
Publisher - saved £12,000 pa on the fee
charged by their bank backed provider. |
 |
Printer - saved over £6,000 pa on the cost
of their facility. |
 |
Recruitment company - saved over £24,000 pa
of the cost of their facility. |
 |
Steel fabricators - saved over £16,000 pa
on the fees charged by their existing factor. |
 |
Freight forwarders - saved over £5,000 pa
on fees charged. |
 |
Road services provider - saved over £12,000
pa on the fees charged. |
 |
Metal plating business - saved over £2,500
pa of the cost of their facility. |
 |
Giftware company - saved over £3,000 pa on
the price of their facility. |
 |
Staff hire - saved over £11,000 (including
payroll cost) on their facility. |
 |
Timber merchants - saved more than £5,500
pa on the cost of their facility. |
 |
Courier business - savings of over £10,000
pa from their facility. |