Team Factors: products, terms and eligibility

Team Factors is a UK provider of invoice finance. The legal entity named on its site is Team Factors Ltd, company number 06206180. It is based in Apsley, Hertfordshire. It gives its founding year as 2010.

Team Factors says it was founded in 2010 by John Shulman, who previously held senior banking and finance roles. It is led by Managing Director Lizzie Williams and Commercial Director Dean McGarry, and is based in Apsley, Hertfordshire.

In its own words on scale:

• Says it has advanced over £1 billion in funding to UK businesses since it started (figure on its site in October 2026).

Everything on this page comes from what Team Factors publishes itself. We show the date we last checked it, and we do not rate or rank lenders.

Team Factors publishes 3 products for UK businesses. The table above gives the amounts and terms as it states them.

• Invoice finance (factoring): Advance on submitting the invoice; remaining balance, less fees, paid once your customer pays; Team Factors handles credit control.
• Bad debt protection: Optional add-on against customer non-payment.

Invoice finance (factoring)

Businesses submit invoices as they raise them and receive an advance of up to 90% of the invoice value. When the customer pays, Team Factors passes on the balance of the invoice less its charges. Team Factors says it works with small and medium-sized B2B businesses that issue invoices on payment terms.

Bad debt protection

Team Factors offers bad debt protection as an optional add-on to invoice finance, described as protection against customer non-payment. The page gives no further structure.

Team Factors says its finance is used for:

• Releasing cash tied up in unpaid invoices
• Funding growth while customers are on payment terms
• Credit control and collections support
• Recruitment and care sector payroll funding

Sectors and business types it says it funds:

• Technology
• Engineering
• Recruitment
• Wholesalers
• Cleaning services
• Courier and transport
• Printing and publishing
• Care homes and social care

Team Factors publishes these criteria. Meeting them does not mean an application will be accepted: every lender makes its own decision.

• Small and medium-sized businesses selling B2B.
• Issues invoices on payment terms.
• Sectors listed include technology, engineering, recruitment, wholesale, cleaning, transport, printing, care homes and building and facilities management.
• Applications are assessed per business (relationship manager assigned).

Team Factors describes its process like this:

1. Contact Team Factors for a quote by phone or email.
2. Submit invoices as they are raised once a facility is in place.
3. Receive an advance against each invoice.
4. Customer pays; the balance is passed on less charges.

Every application is subject to status and the lender’s own criteria at the time.

Invoice finance releases cash tied up in unpaid invoices: the provider advances part of an invoice’s value when you raise it and pays the balance, less its charges, when your customer pays. With factoring the provider collects from your customers; with invoice discounting you keep collecting yourself.

Providers assess your customers as much as your own business: who owes you, on what terms and how concentrated the debt is. It suits firms that sell on credit to other businesses, such as recruitment agencies and manufacturers.

Points Team Factors publishes that are worth knowing:

• Specialist focus on recruitment and health and social care.
• Factoring includes first-line credit management and collections.
• Bad debt protection is offered as an add-on.
• Has published a case study of a facility for a Northern Ireland based client.

The pages we checked do not carry a regulatory statement, so we describe none. Ask Team Factors how it is regulated and check any claim on the FCA Register.

Protections differ by borrower type and loan size. Most lending to limited companies is not regulated consumer credit, so read the agreement and ask the lender what applies to you.

Other providers of invoice finance with profiles here include TP24 (Tradeplus24), Triver and Kriya. Each profile uses that lender’s own published terms.

The full list, grouped by product type, is in our directory of UK business lenders.

Capzy is a credit broker, not a lender, and gets paid by the lender. One application lets your business compare options across lenders, so you can weigh this kind of facility against the alternatives. You can check your funding options with a soft search that does not affect your credit score. A full application to a lender may involve a hard search, and any offer is subject to status and lender criteria.