Invoice discounting is a flexible funding-only solution which releases cash tied up in outstanding customer invoices.
- bridge the cashflow gap between raising an invoice and getting paid.
- boost your cashflow by receiving an immediate cash-injection and ongoing supply of working capital into your business
- Award winning service
Get Quoted
Invoice Discounting releases cash for your business
For a no obligation invoice discounting quote please complete this form on the right
Companies eligible for Invoice Discounting
Invoice discounting provides funding against the sales ledger of a
business, providing both an immediate cash injection and an
ongoing supply of working capital. By providing a percentage
of the value of invoices upfront, the finance can ease the
cash flow worries of a business by bridging the gap between
raising an invoice and getting paid.
- Does your business raise invoices to other businesses?
- Is your projected turnover for the forthcoming year more than £50,000?
- Do you offer credit terms between 30-120 days?
- Is your business based in the UK?
Benefits of Invoice Discounting
- You can bridge the cashflow gap between raising an invoice and getting paid.
- You can boost your cashflow by receiving an immediate cash-injection and ongoing supply of working capital into your business against the value of your outstanding invoices.
- You maintain the relationship with your customers and you collect payments
against outstanding invoices - the invoice discounter provides the cash to
support you. Unlike factoring, invoice discounting does not include a credit
control service.
How Invoice Discounting works in five easy steps
- Step 1 - You invoice your customers for goods and services, and send details of the sales to the provider.
- Step 2 - On receipt of your invoice, the discounting provider will typically release up to 85 per cent of its value within 24 hours of it being raised.
- Step 3 - You chase payment of the invoice.
- Step 4 - Your customer makes payment into a dedicated trust account.
- Step 5 - The provider will now release the remaining 15 per cent of the invoice value, minus a small fee.