Debt Factoring

What is Debt Factoring?

Debt factoring is a financial transaction in which a business sells its accounts receivable, or outstanding invoices, to a third-party financial company, known as a factor. The factor purchases trade debts or receivables from a client firm at a discounted price, providing immediate cash flow to the business. Debt factoring is used as a financial instrument to provide better cash flow control, especially if a company currently has a lot of accounts receivables with different credit terms to manage.

Our clients at Equiflux Capital Group have benefitted from this as they receive immediate payment rather than waiting for their customers to pay those invoices. We collect payments on those customer invoices whilst retaining a fee for our services. This helps our client’s businesses access cash quickly, especially if they have difficulty obtaining financing from traditional sources like banks.

WHY USE DEBT FACTORING?

Every business needs money to operate. Factoring companies provide a reliable and steady source of cash for companies. With over 15 years of experience serving clients across the UNITED Kingdom, Equiflux Capital Group delivers factoring solutions to meet any situation or need.
We also use factoring as a form of guarantee for businesses, as Equiflux Capital Group assumes all the credit risk associated with the outstanding invoices. By purchasing the accounts receivable of a business, the factor becomes responsible for collecting payment from the customers. This can helped our businesses reduce their risk of bad debt and improve their cash flow whilst eliminating administrative burden.

Individuals and Companies turn to factoring when traditional financing isn’t an option. Bank loans and bank lines of credit provide cash but can be difficult to manage and increase a company’s debt. The benefits of factoring include a steady source of cash flow without taking on additional debt or obligations. Equiflux Capital Group has factoring options which are customized for each company’s unique situation and needs, regardless of their current balance sheet.
Our international factoring brand, provides factoring solutions to customers in more than 40 countries throughout Europe, Latin America, Asia, the Indian subcontinent and Africa. Our representatives speak over 17 languages and we provide funding to a wide variety of industries, including agriculture, manufacturing, seafood, textile and trucking.

OUR FACTORING INDUSTRIES

Equiflux Capital Group takes pride in serving clients from many different industries. The factoring benefits of consistent cash flow and superior customer service give clients the tools to build a successful, long-term business. We have factoring programs customized to meet the needs of each client, no matter the industry or work they do.

Telecommunications & Wireless Contractors

Instant communications are part of our modern society. With expanding telecommunications and wireless networks, the need for contractors who can build, maintain, or repair infrastructure is critical. Many telecommunications and wireless contractors use the factoring benefits of cash flow to grow or expand their business opportunities, delivering services that include:

• Tower Construction
• Antenna Maintenance
• Tower Climbers
• Data Center Structured Cabling and Fiber-Optic Installation
• Emergency Service Contractors
• Outside Plant Services

Infrastructure and Heavy Construction

Contractors doing infrastructure and heavy construction work depend on regular cash flow to keep their business productive. If it’s drilling a trench on a pipeline project one week, then a cell tower project the next, Equiflux Capital Group can get the job done for clients.

• Building & Bulk Material Handling
• Concrete Contractors
• Construction Management
• Crane & Aerial Lift Operators
• Grading & Excavating
• HDD & Trenching
• Heavy Hauling
• Site Preparation
• Vacuum Trucks & Excavators

Technology

The monumental development and use of technology over the past 20 years has fundamentally changed the way we live. Technology companies have many new opportunities to pursue. Technology companies who use factoring as their source of cash flow are in a much better financial position to take on more work as well as offer superior service to their existing clients. Equiflux Capital Group has customized factoring programs for technology companies including:

• Consultants
• IT Services
• Network Administration
• Software Development
• Technology Solutions Providers

Utility & Pipeline

Utility and pipeline construction is vital to keeping energy and natural resources flowing to consumers. Reliable cash flow is critical for utility and pipeline contractors. Factoring with Equiflux Capital Group benefits utility and pipeline contractors who depend on the cash for their daily work. Equiflux Capital Group offers factoring services for utility and pipeline contractors such as:

• Pipeline Construction
• Maintenance & Rehabilitation
• Utility Line Work
• Sewer & Water Main Construction
• Oilfield financing

Oilfield Services

With the changing nature of the oil and gas industry where cash flow is more critical each day, factoring is the lifeblood for many oilfield services companies. Factoring offers cash flow for equipment repairs, fuel, material, supplies and more. Equiflux Capital Group has funded oilfield services companies for over 15 years. Our knowledge, along with our experience, benefits oilfield services providers in Europe, Latin America, Asia, the Indian subcontinent and Africa.

• Well Site Preparation
• Drilling Contractors
• Logging & Testing Services
• Water Haulers

Trucking & Freight

The hauling and delivery of goods are what keeps the economy going. Trucking and freight companies use factoring to meet their daily cash needs. Whether its fuel, insurance, payroll or emergency repairs, factoring keeps the wheels turning for fleets such as:

• For-hire carriers
• Tankers
• Intermodal
• Specialty Carriers

Renewable Energy

Solar, wind, and water renewable energy is growing. With the increased demand for work, renewable energy contractors and companies need steady cash flow to keep up with demands. Accounts receivable financing helps them accept and win new contracts by providing them with instant cash on their invoices.

Staffing & Employment Agencies

Many staffing agencies and employment firms use accounts receivable factoring as their choice of financing. Because of longer pay terms on most staffing contracts, cash is critical. Cash flow from factoring allows agencies to meet their weekly payroll requirements, while meeting the financial needs of the company. Staffing agencies who benefit from factoring include:

• Administrative
• Clerical
• IT-Technology
• Light Industrial
• Medical

Other Industries

Equiflux Capital Group has worked with companies from many industries and crafted customized factoring programs that met the unique needs of the business. These other industries include:

• Apparel
• Distribution
• Manufacturing
• Service
• Wholesale
• Agriculture
• Seafood
• Textile