Team Factors is a business finance company specialising in general invoice factoring and invoice finance for recruitment companies. Set up in 2010 and based in Hertfordshire, Team Factors has financed over £300 million in invoices for British businesses. Team Factors is a member of UK Finance, a “collective voice for the banking and finance industry” made up of 250 companies.
Team Factors Business Finance
Invoice factoring
Businesses can access 90% of the value of their invoices immediately instead of waiting for payment from their clients and customers. Team Factors will finance your invoice, release 90% of the funds immediately, and then pay the remainder – minus their fee – when your client or customer pays the balance.
Recruitment finance
Team Factors also provide invoice factoring and cash flow finance specifically for businesses in the recruitment sector. This can include invoice factoring, managing payroll, and customer credit checking. Products are bespoke and vary from business to business, but as standard the service includes accounts set up within 48 hours, an individual account manager, transparent fees, and flexible contracts.
Team Factors Reviews and Ratings
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Pros
- Get 90% of the value of your invoices instantly.
- Bespoke invoice factoring service available. It will suit your business and its needs.
Cons
- Just one finance product available.
- No online reviews.
Website: Team Factors Business Finance