(PRWEB) June 20, 2014
A new website, http://www.factoringinvoices.org.uk/, has been launched to help businesses and individuals find a reliable and trustworthy invoice factoring service (http://www.factoringinvoices.org.uk/factoring-a-free-guide/). The website fills a gap in the market that existed prior to its launch. By creating a directory of some of the most useful companies who offer this service, the website hopes to become an indispensable resource to anyone with outstanding invoices that they would like to pass on to a recovery firm for a small fee or percentage of the total amount owed.
Anyone who has looked for a service provider of this type will know there are many operators in the factoring invoices sector. While a large amount of choice is usually a good thing for those looking to hire someone to take care of their financial situation, it also has its drawbacks. One downside of having too much choice is that it can be hard to make a decision on which option to select from the many available candidates. That is where this new website aims to find its audience, and by rating and reviewing the different firms offering this service, it should be able to make the decision process a lot less frustrating.
Another feature of the newly launched website is a guide on how to evaluate and then choose a suitable invoice discounting and factoring service (http://www.factoringinvoices.org.uk/invoice-discounting-guide/). “As large amounts of money can often be involved with outstanding invoices and unpaid bills, it’s important that you go with a collector you can trust,” the manager of the website explained. “Our detailed guide to choosing a debt collector who specializes in invoice recovery, allows visitors to understand the different questions they should be asking of potential partners, and what to look for from a trustworthy collector,” he continued.
The website also outlines some of the associated benefits with turning to an invoice factoring firm (http://www.factoringinvoices.org.uk/invoice-finance/) and why it can be a good idea for an existing business. One of these benefits includes the ability to raise funds quickly by selling on outstanding invoices to a recovery firm, while also reducing the workload of the business by outsourcing the debt recovery process. The website also includes some information on the main differences between invoice discounting and invoice factoring, and when each option is the most appropriate path to choose for an individual business.
Future plans for the website include the addition of more invoice factoring companies to the online database, a step by step guide covering how to hire the right firm, and lots more information on the benefits of taking advantage of this kind of service. For businesses with outstanding invoices that they aren’t able to recover themselves, or those that need to generate income quickly and improve their cash flow situation, then this new website aims to be an indispensable resource for both small and large businesses alike.
For all the latest information on this type of debt recovery service as well as the benefits of engaging a factoring service to work on your behalf, then the factoringinvoices.org.uk aims to be the best online guide.