Invoice discounting provides you with up to 90% of the money you are owed, within 24 hours of submitting an invoice. Monies are advanced against an invoice, usually without your customer knowing, helping you to maintain your image and relationship with them.
Invoice discounting may be suitable for you if...
You run a larger business, typically with a turnover above £500k (some lenders will provide confidential facilities to smaller, well run companies). A key requirement is having established credit control processes in place.
Advantages of invoice discounting:
Your customers need never know that you're using our services. Particularly important when you have good, established relationships with your customers. However, not all invoice discounting facilities are confidential, so it is important to make the right choice.
Funding increases in line with the growth of your business (unlike an overdraft, which is fixed and usually reliant on additional security).
Bad debt protection option
Cover for up to 100% of outstanding invoices, in case a customer goes under whilst owing you thousands of pounds.
Simple to operate
Can easily run alongside most existing accounting packages.
You have access to your money as soon as work is completed.
For further details, please call 01132 782 444 or complete the 'quick contact
request' form on the right.