What is Invoice Factoring?

For most companies, debtor balances are by far the largest asset in their balance sheets. They may also turn into cash at a much slower rate than the business would like, often representing two or three months’ sales.

GE provides the complete answer to slow-paying customers, shortage of working capital and, if needed, protection against bad debt losses.

You receive cash in 24 hours against your invoice values. Plus, you no longer have to worry about having to chase your customers for payment. You'll be completely free of the administrative concerns of running a sales ledger.

There's no need for you to ever have to go through the pain of renegotiating your facility – unlike a bank overdraft.