Invoice Discounting
Invoice Discounting is a comprehensive funding facility that has been designed specifically to release the cash tied up in your sales ledger. You remain in full control of maintaining your sales ledger, credit control and collective activities. It is very simple to operate requiring minimal administration from your organisation. Confidential invoice discounting is provided for established profitable companies and arrangement is not disclosed to your customers.
Benefits
- Early payments – Up to 85% of the face value of your invoices within 24 hours
- The ability to obtain immediate “cash on delivery” from your sales
- No more cash flow headaches or uncomfortable conversations with your bank manager, allowing you to concentrate on developing your business
- The flexibility that allows you to negotiate attractive supplier discounts ensuring that your increased cash flow works for you
- You retain responsibility for credit control
- Bad debt protection optional