CICCWORLD Continued Progress within the Factoring Sector

Five Arrows Commercial Finance Ltd are the latest addition to the CICCWORLD user base.

Five Arrows is a specialist invoice finance company providing working capital and cash flow solutions that make a positive difference to the way clients grow their businesses. They are a founder member of the Factors and Discounters Association and are one of a group of companies that includes N M Rothschild & Sons Limited, the international investment bank.

Factoring Controller John Skarratt commented: “We are looking forward to implementing the CICCWORLD receivables system. This is a refreshing approach to providing continuing professional development for the team and will compliment and support our in-house programmes.”

Darren Allardyce, CICCWORLD Chief Executive added: “I am pleased that we are continuing to make progress within the factoring sector. Our ‘Receivables Management’ system is proving to be a great added value product to the industry, and I believe in time that our web services will also benefit Five Arrow’s clients, maintaining cash focus and motivating credit professionals to perform consistently.

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