• We’ll advance an agreed percentage of your outstanding invoices, typically up to 90% of the value.
• When you send us your invoice (usually electronically), we’ll release the funds.
• We will then chase the customer for payment on your behalf, with the funds being paid directly to Aldermore.
• When your customers have made payment, we’ll release the remaining funds, minus our fee.
• We’ll then recalculate the funds available to you after every new transaction – so you always know where you are.

We can help businesses across a wide range of sectors, including:

• Business services providers.
• Distributors.
• Employment and recruitment agencies.
• Engineering companies.
• Haulage and transport firms.
• Importers.
• Printers.
• Manufacturers.
• Wholesalers.

You should consider Factoring if your business:

• Sells products or services on credit to other businesses, generating invoices for payment.
• Has an annual turnover typically above £750,000.
• Would like support to manage your credit control activities.

If you already have a well-established credit control function in-house, then you may find that invoice discounting is a better fit for your business. Speak to your Aldermore contact to find out more.

We’ll work with you to design a funding package that perfectly suits your business, agreeing all costs upfront.

Our charges are competitive and totally transparent, and will be outlined in your facility offer letter.

You’ll also receive a client guide, which will detail any additional fees that would apply for services you may need or use. Arrangement fee will also normally apply.