Ark has helped numerous businesses across various sectors factor and invoice finance their sales ledgers, with either one customer or with a high dependency on one customer.
The key criteria for a company interested in factoring is to mitigate their risk. This is achieved by lending against debtors who can obtain credit-approved limits, and ensuring a credit insurance policy is put in place to protect them and the factoring company against customers failing.
As part of its assessment, Ark will look to mitigate this issue prior to presenting the application to the relevant lender; ensuring the best possible chance of securing the required facility.