You're always in t driving seat.
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When you employ International Factors, it doesn't mean you're handing over control of your finances or your way of doing business. They never forget you're the boss — and it's entirely up to you which of their wide spectrum of invoice finance services you want to choose.
It's never a package deal, always an individual programme carefully tailored to the specific needs, challenges and style of your company and the kind of business in which you're involved. Above and beyond providing finance, you've got the option of these complementary facilities...
100% Bad Debt Protection.
Even more damaging than the slow-payer is the non-payer. International Factors have expert knowledge of the credit worthiness of thousands of businesses and can provide you with 100% debt protection. Usually costing less than a separate credit insurance, usually covering you better. Most of their clients want it, but if you don't, you don't have to pay for it. Payment Collection.
Naturally this is a service which often requires great delicacy and tact. You don't want the customer's payment coining in through the door, but the customer going out through the window. International Factors' collections staff are highly trained and expert at speeding up your debt turn without offending even your most sensitive customer. It's proved by the fact that International Factors' customers are paid, on average, within 58 days compared to over 80 days for UK businesses as a whole.
Export Assistance.
These days for some British transport companies, Europe is your oyster. Unfortunately you won't always be doing business with pearls. Currency fluctuations, complex legalities, credit-check difficulties and language barriers can all be serious obstacles to what your company could achieve. A.s the UK's largest export invoice financier, International Factors has the expertise to deal with all these potential problems before they arise, and help the growth of pan-European road hauliers.