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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.