Team Factors Review
Team Factors is an independent factoring company based in Hertfordshire, set up in 2010. It pays up to 90% of an invoice within 24 hours and chases your customers for you. It also offers bad debt protection and payroll services. It does not publish its fees or a minimum turnover.
What this page covers
This page covers
Team Factors factoring: advance, speed, extra services and what it does not publish
Not covered here
General invoice finance education (see /guides/), other sectors (see /industries/), the full provider directory (see /providers/)
Key Facts
Source: Team Factors' about page, invoice finance page and why choose us page, read 14 October 2026.
How it works
You send Team Factors each invoice when you raise it. It pays you up to 90% within 24 hours. Its credit control team collects the money from your customer, then pays you the rest less its fee.
You can add bad debt protection, which covers you if a customer does not pay, and payroll and back-office services. Each client has a named relationship manager.
Who it suits
Team Factors says it works with small and medium-sized businesses that sell to other businesses on payment terms. It suits a firm that wants the lender to chase its invoices and wants extra help such as payroll. If you want to keep chasing your own customers in confidence (invoice discounting), the Team Factors pages we read do not mention it, so ask, and look at other lenders too.
Other lenders to compare
Team Factors publishes no fees, so get a written quote and set it beside quotes from others.
| Lender | Published minimum turnover | Paid up front | Source |
|---|---|---|---|
| Ultimate Finance | None published | Up to 95% | ultimatefinance.co.uk |
| Time Finance | None published | Up to 90% | timefinance.com |
| Bibby Financial Services | None published | Up to 85% | bibbyfinancialservices.com |
| Skipton Business Finance | None published | Up to 90% | skiptonbusinessfinance.co.uk |
Figures as published on each lender's own website, checked 14 October 2026. None of these lenders publishes its fees.
Our verdict
Team Factors is worth a quote if you want factoring with credit control and a named contact, and perhaps payroll as well. Its 90% advance within 24 hours is clear, but its fees are not published, so compare its written quote with at least one other lender.
Official site: Team Factors
Founder & Managing Director, Muswell Rose, founder and PSC of Best Business Loans Ltd
Adam is the founder and managing director of Muswell Rose and a founder of Best Business Loans Ltd, the company behind Market Invoice. He spent over three years as managing director of Penny, a UK invoice finance business, and his career runs through insurance, mortgages, commercial finance and fintech lending. He writes the Market Invoice library.
Last updated: