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Factors

The services we provide for commercial lenders are also of relevance to factoring companies such as yours.

Factoring companies can, however, face industry specific issues.

For instance you might receive notice that one of your customers has called a creditors meeting. In those circumstances you would want prompt action to protect your security.

You may wish an immediate visit to your customers premises to collect in all documentation relating to debts outstanding. Purnells can promptly secure for you:

  • all invoices
  • delivery notes
  • statements
  • customer correspondance files
  • and computer back ups

to ensure that you hold the prime documentation to pursue your security.

In addition if you hold a floating charge Purnells can take an early appointment under an administrative receivership or as a fixed charge receiver.

Whatever action you want taken please telephone 01633 214712 for an immediate response.