Latest News | Calverton Factors

Join us at Recruitment Expo in Olympia in February and get a chance to win an iPad.

Monday 09 January, 2012 - 11:31 AM

The Recruitment Agency Expo will take place on 14 & 15 February 2012 at the Olympia Conference and Exhibition Centre. If you are in recruitment then this is most important industry event of the year, that you simply cannot afford to miss!

With just one visit you will;

Deal of the month - December 2011

Friday 06 January, 2012 - 02:15 PM

December continued to be busy with a number of new clients joining us across a range of markets and varying in the size and nature of the facilities. Below are some examples of the more interesting deals:

Market Sector:     Food wholesale
Sales turnover:    £2m
Funding Line:       £250,000
Location:             Midlands

Have you considered what would happen to your business if a major customer failed?

Tuesday 06 December, 2011 - 01:46 PM

Unfortunately in today’s uncertain economic environment customer failure is a real and ever increasing risk.

The good news is that protecting your business from debtor default is more affordable and more flexible than ever.

Calverton Factors have developed a Debtor Protection product that protects your business against the risk of your customers failing to pay. This protects you not only from bad debt, but also from protracted default (where the customer just isn’t paying) whether debtors are based in the UK or overseas.

How does it work?

Deal of the Month

Monday 07 November, 2011 - 12:00 PM

Market Sector:    Recruitment
Sales turnover:    £3m
Funding Line:        £250,000

Requirement: Relieve pressure on back office function. Work with Australian holding company.

October Offers to Introducers

Thursday 29 September, 2011 - 09:38 AM

For introducers of new clients we are able to offer the following special offers:

Half year ABFA stats – What is under the headline figures?

Monday 12 September, 2011 - 09:15 AM

The ABFA have issued a very positive press release about the industry statistics for the first 6 months of 2011 and the headline figures look good, but what about the detail? Are the figures as impressive as ABFA suggest?

Clients’ sales

Domestic factoring:

No change at all on first quarter and only 2% change on this time last year. Not a lot of growth in factoring then.

Invoice Discounting:

NEW BODYSHOP FINANCE SERVICE LAUNCHED

Wednesday 07 September, 2011 - 06:12 PM

A new service has been launched which takes away the headache of uncertain cash flow and chasing payments for vehicle bodyshops. Calverton Factors has been providing finance facilities for 13 years and already works with a number of bodyshops, now the company has launched

New On-Line System takes the pain out of Payroll and helps Recruiters Manage their Businesses

Friday 15 July, 2011 - 04:30 PM

Specialist in back office support and finance for recruitment companies, Calverton Business Support, has launched an on-line system to make employee payrolls and the payment process even faster and simpler, as well as providing essential business management information.

Invoice Finance – is it worth the money?

Monday 04 July, 2011 - 03:43 PM

Invoice Finance or Factoring is often perceived as an expensive option for a business looking for additional cashflow. But what are the costs versus the benefits of using an invoice factoring arrangement?

Factoring provides funding against the value of invoices combined with credit control. Firstly we should define the costs associated with factoring invoices:

There are 2 elements to the charges:

Funding:

The seven commonest mistakes of start up small businesses

Wednesday 18 May, 2011 - 11:00 AM

Most articles written about business mistakes are aimed at young entrepreneurs setting up with a new business concept or idea. These are ‘Apprentice’ type people who want to take over the world and become rich and probably famous. These articles normally consider mistakes such as lack of market research or taking your eye off the competition or even setting your sights too high.