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What will my customers think?

Concern over customers being made aware of the factoring relationship is probably the biggest objection to factoring take-up, but for the most part the concerns are unwarranted. 

In most large companies the accounts payable update the payment details.  They ussually will have a large number of other factored accounts in their books and think nothing of it. 

Company owners/decision makers may know about the relationship, but they aree hardly likely to think you are going out of business because you are factoring. 

Factoring is just a smart option or replacement for an overdraft facility.  In most overseas countries you will ask "who is your bank and who is your factoring company?".

If you have a major concern we can try and brand our correspondence to reflect yours, and in some cases we maybe able to offer a completly confidential facility.

 

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My Business Finance is all about small business. Able to obtain flexible invoice finance and cash flow solutions, My Business Finance makes the application process simple and can have cash paid to your business account usually within 48 hours.

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