Factoring And Invoice Discounting Brokerage Firm, FIG, Offers Unique Service To Address Specific Client Needs

Online, May 24, 2011 (Newswire.com) - Businesses usually have issues with clients take weeks or even months to be fully pay their invoices. Slow paying customers, while not surprising businesses in today's economic scenario, make cash flow management difficult because they also make settling business payables a challenge.

To help companies with their cash flow, factoring allows account receivables to be converted to capital for cash flow. This method offers companies the capital to operate their businesses, settle payables and expand. Not quite like a business loan option, factoring involves the process of selling invoices with discounts to reap immediate cash. In this set-up, a business owner gets to use funds immediately while the factoring company waits to be paid.

Factoring In Growth or FIG uses factoring tools address specific clients needs in helping them select the most cost effective factoring product. FIG is designed for business owners, including those who work with their chosen professional advisers, IFA, accountant, mortgage or insurance brokers. Through its website, TheInvoiceFactoringCompany.co.uk, this Factoring and Invoice Discounting brokerage FIG showcases its Invoice Finance Switching Service, which works as easy as 1,2,3.

TheInvoiceFactoringCompany.co.uk explains that FIG has a panel of over 50 providers that offer invoice factoring and discounting. FIG's panel is selected from the market place based on who it feels can offer the most competitive deals to specific client needs, depending on their current situation. FIG has gathered all relevant details regarding pricing structures, service, financial stability, technology, together with terms and conditions.

To enable clients to find the best choice for their invoice finance needs, FIG chooses two lenders from its panel who will give clients a complete solution for their specific situation and requirements. All FIG will require is a few details so its panel can get a 'flavour' of each client's business. The two chosen lenders will then contact the client directly to provide a personalised proposal for them.

Businesses looking to get a better deal for their factoring or invoice finance can turn to http://www.theinvoicefactoringcompany.co.uk for a very easy-to-use service.