Frequently asked questions
Answers for finance leaders evaluating factoring as a strategic liquidity tool. We can also shape reporting packs for Quickbooks and Qbo intuit users.
1. What is factoring?
Factoring is the sale or assignment of receivables to access immediate liquidity before invoice maturity.
2. How fast can payouts happen?
After full onboarding and approved submissions, indicative payouts can happen within one business day.
3. What documents are needed?
Typical requirements include corporate records, recent financials, debtor listings, and sample invoices.
4. Is factoring only for distressed companies?
No. Many profitable SMEs use it to accelerate growth while keeping cash planning stable.
5. What is recourse factoring?
In recourse structures, certain credit risks remain with the client, usually enabling higher efficiency.
6. What is non-recourse factoring?
In non-recourse structures, defined debtor insolvency risk can be covered by the factor.
7. Will clients know invoices are assigned?
Depending on structure, notifications can be disclosed or arranged in agreed servicing formats.
8. Which industries are supported?
Logistics, manufacturing, staffing, wholesale, and multiple service sectors.
9. Can existing bank facilities remain in place?
Yes, subject to intercreditor alignment and contract terms.
10. Are there minimum volumes?
We assess viability case by case based on debtor mix, process quality, and financing need.
11. How are fees shown?
Fees are documented transparently by component and utilization logic.
12. Can statements work with accounting tools?
Yes. Many clients require exports compatible with Quickbooks while others rely on Qbo intuit templates.