Invoice factoring for LTD companies with up to 150k turnover?

[TheFaQQer]

As others have said factoring and invoice discounting wont generally pay out for unpaid invoices/bad debts so they wouldn't have helped in this case.

If client co have authorised your timesheets and made payment to the agency then agency are probably just fobbing you off. Send a final demand by recorded post and email and then escalate your claim if you haven't been paid in seven days.

Edit: Thanks for the plug all

Should they start the Dunning process?

[Safe Collections]

As others have said factoring and invoice discounting wont generally pay out for unpaid invoices/bad debts so they wouldn't have helped in this case.

If client co have authorised your timesheets and made payment to the agency then agency are probably just fobbing you off. Send a final demand by recorded post and email and then escalate your claim if you haven't been paid in seven days.

Edit: Thanks for the plug all

[DeadEyedJacks]

Also can you name the agency, so others know to get their money ASAP and avoid in future.

[SueEllen]

And it's best to speak to them on the phone.

[tarbera]

ask Santa?

The agency I used to work with will not settle last two invoices even though my timesheet were authorized by the client and the client did make payments into their account.

I have been chasing the agency for the last 3 months, to no result.

Please suggest financial companies providing no recourse invoice factoring services to small companies with up to 150k annual turn-over?

Santa has as much chance of taking on your bad debts as a factoring company - Contact Safe Collections

[northernladuk]

Their reason for not paying is?

Speak to Safe Collections either by PM on here or via their website. They are kinda know a little about this type of thing.

[Lance]

Forget it. Factoring won’t cover unpaid debts. All they will do is pay up initially and if they don’t get paid they claw it back.

Oh and you have to put all your turnover through them.

[PerfectStorm]

Did you have IPSE? And did you opt in?

[7656]

The agency I used to work with will not settle last two invoices even though my timesheet were authorized by the client and the client did make payments into their account.

I have been chasing the agency for the last 3 months, to no result.

Please suggest financial companies providing no recourse invoice factoring services to small companies with up to 150k annual turn-over?