FREQUENTLY ASKED QUESTIONS
Q.
How long will it take to set up?
A.
A few days
Q.
Do I have to discount all my work?
A.
No you can discount as much or as little as you wish.
Q.
Can I discount invoices that I have already sent off?
A.
No, once you have sent an invoice off we are unable to put our notice of assignment on it.
Q.
Will insurers accept assigned invoices?
A.
Yes we are well recognised by all insurers.
Q.
Is your charge subject to VAT?
A.
No there is no VAT involved we are not VAT registered.
Q.
How soon will I get paid?
A.
Payment can be made immediately by CHAPS BACS or cheque on receipt of your faxed invoices and relevant paperwork.
Q.
My bank has a charge over my book debt, will I still be able to discount my invoices?
A.
If you have a charge or debenture over your book debt you will have to ask your bank for their consent, which is usually given.
Q.
Can I discount invoices payable by a company?
A.
Yes. Providing they meet our credit criteria. Also our charges may vary depending on their payment terms.