Why companies use factoring brokers such as Target Business Assist

With more and more businesses turning to invoice factoring as a tool to improve their cash-flow, why companies use factoring brokers such as Target Business Assist?

Amongst many reasons one stood out more than the rest and that was simply – “If it costs you nothing, why not?”

Nick Cookson, Business Development Manager explained “As a factoring broker we are always made aware of our lenders latest deals. We gain an understanding of our client’s business, identify their needs and help them to make an informed choice from a selection of competitive rates”.

Cheap deals aren't always the best deals, and it is important that before anything is signed you have read and understood the small print. This is something that is often overlooked and before they know it many businesses are tied into a contract that was not as it had seemed. This is another advantage of using a broker who is fully experienced in the business and able to explain it to their client as well as answering honestly any queries or uncertainties they may have.

Conrad Thornton of Green Street Media, an award winning eco-friendly marketing agency based in Chester explained “Target Business Assist provided our business with a new invoice factoring system that dramatically improved our cashflow position and flexibility with our clients”.

From an initial consultation over the telephone all the way through to the final paperwork, they were a pleasure to work with every step of the way. We originally thought that Invoice Factoring was a long and costly process, but all we needed was a few key bits of information for Target to assess how best to help us and they took care of the rest.

We now have an excellent lender team who manage our client invoices, it’s almost like having our own virtual accounts team. We also know that Target are always on hand should we need any further help. Working with them gave us complete peace of mind in making the right business decision and it didn't cost us a penny to use their services”.

For more information on how Target Business Assist can help your company please call us on 0844 846 7475, email us at info@targetbusinessassist.co.uk or visit our website - http://www.targetbusinessassist.co.uk