Help Switching Invoice Finance Providers
A large number of the clients that we help are looking to move their factoring, invoice discounting or trade finance facilities between different providers.
Our clients are often worried about the difficulties that they expect to encounter when switching between different providers such as paying termination fees, notifying existing customers and the hassle that they anticipate.
Fortunately, there have been some significant changes in recent times that have made the process of switching providers extremely simple.
Help Paying Termination Fees
We deal with a number of providers that will help our clients pay termination fees levied by existing providers either in part or even in full. Equally, the cost savings that we can often find for a client will more than offset any termination fee over time.
"Hand Holding" Transfer Service
We also have access to providers that will provide a "hand holding" service to take new clients smoothly through the transfer process between different providers. Similarly, our advisers will also help and guide you through this process. This can take much of the hassle out of the process for you.
Standard Transfer Procedures
Lastly, the professional body to which most of the factoring and discounting companies belong, the Factors and Discounters Association has standard procedures that their members must follow to simplify the transfer process between members.
Overall these measures mean that many of the fears that clients have can be overcome and the transfer process can be significantly simpler than one might expect.
For more information or advice about transferring providers please contact us
Complete an: ONLINE QUOTATION SEARCH REQUEST
For further information about Factoring follow this link
For further information about Invoice Discounting follow this link
