Debt factoring UK 13-04-2004 Factoring debt repayment failure led to Mayflower fall Mayflower Corporation failed for four years to make full payments to HSBC, which was operating an invoice-discounting scheme on its behalf. The arrears were the “certain accounting irregularities” at its…… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here