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    Category Archives: Invoice Factoring

    Invoice Finance – Factoring with DePoel

    Invoice Finance – Factoring with DePoel

    We have recently spoken to several  businesses who are supplying staff via DePoel. Historically this was a real issue for invoice finance providers due to the ‘pay when paid’ clause within the DePoel contracts. In fairness, you can see why DePoel place this clause within the agreement and they are not the only managed service […]

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    Is it the end of lengthy contracts in Invoice Finance?

    Is it the end of lengthy contracts in Invoice Finance?

    We are seeing more and more lenders moving towards a 28 day rolling contract. Historically, lenders would sign clients up to a 12 month contract with a 3 month notice period. This was done on the basis that lenders costs were front loaded so they would recover these costs in an orderly manner over a […]

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    The Impact of Ban on Assignment when using Factoring or Invoice Discounting

    The Impact of Ban on Assignment when using Factoring or Invoice Discounting

    Typically large businesses that are sensitive about their supply chain will implement a ban on assignment within their contracts. This means that suppliers cannot assign part of their contract to another business. This is typically so the the likes of the MoD or pharmaceutical companies ensure that after checking the manufacturing standards of a supplier […]

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    Is Factoring Expensive?

    Is Factoring Expensive?

    You may be asking how much factoring will cost your business? Factoring certainly has a cost attached to it and that cost is not insignificant. Many businesses ask if factoring is expensive relative to an overdraft and the simple answer, despite many articles to the contrary, is yes it is more expensive than an overdraft […]

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