CHOCC (Customer Handles Own Credit Control) is similar to invoice factoring but you handle your own payment collection process. With CHOCC, you can receive up to 95% of the invoice value within 24 hours of an invoice being raised.
- Receive a cashflow boost by releasing funds from unpaid invoices
- Flexible terms allow you to increase your funding alongside your turnover
- Keep control of your payment collection process
Bad debt protection
Receive payments when your customers can’t pay.
Invoice discounting
Confidentially access up to 95% of your invoice value, whilst handling your own credit control.
Invoice factoring
Release cash from your business using invoices as collateral.