I have recently dealt with a number of small businesses who were being penalised by way of minimum service fees when turnover had not reached expected levels or turnover had dropped.

Let’s face it, factoring can be an expensive exercise anyway so why pay more than you have to. If turnover has in fact dropped or has not reach expected levels the last thing you need is to be penalised for it.

We have been introducing a facility where there is no minimum fees and there is just a 3 month contract period.

This is ideal for small businesses who want to try out invoice finance or where they are being hit with minimum service fees.

If you are a small business looking for a factoring facility then contact Smart Factoring Quotes today to see which facility and lender is best suited to your business.