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These are provided without the need for the long term commitments that are required for normal factoring agreements.

Selective factoring allows you to factor a particular debtor or group of debtors within your company’s wholesale ledger. This is unlike a traditional factoring facility where you are required to factor your whole turnover and sales ledger.

With spot factoring, cash can be released from a single invoice at any time within its payment cycle (restrictions apply).

Benefits of pay as you go finance

  • Flexible and cost effective
  • Immediate access to cash tied up in your sales invoices
  • Simple application process
  • Can work alongside your current banking facilities and relationships
  • No minimum fees
  • No lengthy commitments
  • Pay as you go cash flow finance
  • Funds can be used for any purposes
  • Debtor protection options available
  • You retain control
  • Once set up, you can drop in and out of the facility as required

Am I eligible?

You will be eligible for pay as you go financing if your business falls under one of the following criteria:

  • Start-up company
  • Limited company
  • Company with adverse credit history
  • Pre-pack administrations
  • Sole trader and partnership (under certain circumstances)

Why choose Goodman Corporate Finance?

We offer a truly market wide proposition, with access to over 40 factoring funders. We are not tied to any specific funder, taking a ‘blank sheet of paper’ approach to your deal. We take the time to listen and understand your requirements before presenting you with a range of funding options for you to choose from.

For a free, no obligation appraisal, please complete our contact form. Alternatively, you can call us on 0333 3583502 or email admin@goodmanconsultancy.com.