Release the value of your sales ledger with Invoice Discounting

Invoice Discounting, often known as Confidential Invoice Discounting is a fast and simple way to free up cash flow. It allows you to increase your working capital, whilst ensuring your business has the cash flow it needs to run efficiently today and to survive and grow in the future. As the name suggests, it’s a 100% confidential way of releasing the funds owed by suppliers whilst waiting to be paid by them – you continue to manage your own credit control.

Invoice Discounting is simpler and more flexible than a bank overdraft. It is not dependent on your credit rating, as your customer invoices are used as collateral, and this also means that the sum borrowed can grow as the value of your invoices grow.

The typical process for Invoice Discounting works as follows:

• When you issue an invoice, you also pass a copy to your finance company.They then pay you the agreed percentage advance against the invoice total generally within 2 or 3 days.
• When your customer pays the invoice, the payment is made into a business account held by the lender.
• The finance company pays you the balance of the invoice minus agreed charges

If you run a business with a turnover of £100,000 to £5 million, and are looking for a solution to free up your cash flow, Confidential Invoice Discounting could be the solution for you. To find out more, simply call the number on this page, or click on the link for a free quote.

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