The new sixth edition of Salinger on Factoring, our bestselling expose of the law and practice of invoice finance is now available for purchase

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The new sixth edition of Salinger on Factoring, our bestselling expose of the law and practice of invoice finance is now available for purchase

Published: 27 February 2020

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Widely regarded as the most comprehensive guide to factoring and invoice finance law Salinger on Factoring explores this fascinating and complex area of law whilst also providing readers with practical guidance on the many and varied issues facing invoice financiers today.


Click here to purchase your copy of Salinger on Factoring via Thomson Reuters


The book has been co-edited with leading commercial barrister, Simon Mills, who has introduced more new material to the book and re-written a number of sections to bring greater clarity to complex areas of law affecting factors and discounters.


It is essential reading for those working in businesses providing factoring and invoice finance. It should also be required reading for lawyers, bankers and accountants, academics and students with an interest in invoice finance.


A flavour of what’s new in the book includes:


  • the continuing discussion around termination charges and the use of discretionary powers
  • a new section on fraud and its impact on invoice finance
  • the use of self-certification clauses in guarantees and indemnities
  • data privacy and the Data Protection Act 2018 
  • the use of electronic signatures by invoice financiers
  • the effect of the new Construction Industry Tax Deduction Scheme to be implemented in 2020
  • the impact of The Business Contract (Assignment of Receivables) Regulations 2018 on non-assignment clauses in commercial contracts
  • the upcoming changes to the HMRC VAT Reverse Charge


The text is much improved in terms of its legal analysis of the many thorny issues affecting factors and discounters today and I’m quietly confident it will continue to be the leading work on the law and practice of invoice finance.


Click here to purchase your copy




Simon Mills is a barrister and leads the Commercial Division at Five Paper, 5 Paper Buildings. He deals with all aspects of commercial dispute resolution, banking and finance, fraud and insolvency and is the editor of Goode on Proprietary Rights and Insolvency in Sales Transactions.


Noel Ruddy is a partner at PDT where he heads the corporate, commercial and finance teams. He has acted for factoring companies and other asset based lenders for over 25 years and is recognised as a leading lawyer in his field.  


The content of this webpage is for information only and is not intended to be construed as legal advice and should not be treated as a substitute for specific advice. PDT Solicitors LLP accepts no responsibility for the content of any third party website to which this webpage refers.

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