factoring quotes from a wide range of factoring companies are
available online here and whilst we are pleased to offer this service we ask
you to bear in mind that there are fundamental operational differences between
many of the factors and that what may be the most suitable for one company
could well be a financial disaster for the next.
The specialist factoring broker has historically been useful as
we know the market place intimately and will know the most appropriate factor
with which to place each company, probably saving much heartache in the
process.
A new type of broker has recently emerged offering a service
where the client can fill in a few details on a website and obtain a range of
instant quotes from different factors. By clicking another link he can arrange
for whichever factoring company interests him to contact him.
Whilst this may seen a simple and painless process it has
significant drawbacks as it is software driven and cannot take into account
whether the factoring company is suitable at all, let alone the most
suitable factor in the individual circumstances and far too frequently the
company ends up talking to an inappropriate factor or even worse, signing up
with them.
We hope to explain a few of the pitfalls waiting to trip the
unwary and offer the option of either obtaining online factoring quotes and
proceeding with an automated system or doing it the old fashioned way and
telephoning us to discuss your own individual circumstances.
The decision is yours but as we have serious reservations about
the way some factoring companies operate we have taken the opportunity to make
a few notes of the varying operational differences that one can come across
and we would be grateful if you could take a few minutes to read about the
possible pitfalls involved first of all.
Please click this link to read