Business Start up

By using factoring, you can confidently take control of the financial management of your business. Purple Factors gives you the freedom and resources to drive your business forward.

Start Up and Personal Service Company finance, means Purple Factors can give you immediate working capital by advancing cash against the value of the very first invoice you raise.

Third Party Management means we “walk in your shoes” We understand that tactful and efficient credit control is crucial to the success of your business, and so we will always endeavour to deal with your customers as though we were you.

Flexibility
You remain in control of your working capital – as long as there are sufficient approved invoices  - you draw down whatever funds you need, when you want them.

No Loss of Equity
Purple Factors provides access to working capital without taking any equity in your company – we are simply making your own money available to you when you need it and not simply when your customer chooses to apy.

A Reduction in Overheads
With Purple Factors managing your sales ledger, the major cost of credit management is taken out of the equation – payment processing, chasing and collection are taken care of by a professional team. This means you can either reduce staffing costs or re-deploy existing employees to other areas of the business.