Invoice Discounting
Unlock cashflow by financing slow-paying invoices with invoice discounting
Keep your finances flowing
Invoice Discounting has been gaining popularity as a way to finance a growing business. Invoice Discounting is essentially a financial tool that allows you to finance your slow-paying invoices from creditworthy customers.
Using your invoices as collateral, the finance company advances funds to your company – providing you the resources to pay important expenses. Ultimately this enables you to trade – pay your workforce, buy stock etc.
Business loans devon
Why searching for a loan with us makes sense?
options that suit
your exact needs
waste your time
on results
Advantages of Invoice Discounting
- Improved cash flow. The most important advantage of invoice discounting your invoices is that your cash flow improves – putting you in a better position to cover company expenses.
- Extend payment terms with confidence. You can extend 30 to 90 day payment terms to customers confidently because you do not need to wait that long to get funds out of your invoices.
- Easy qualification requirements. Unlike other business financing solutions, invoice discounting is relatively easy to qualify for. Most companies that have solid customers and do NOT have major problems should qualify.
- Quick funding. Funds can be released within 24 hours, allowing you to respond quickly if your company is in a crunch.
- Line flexibility. Since the line is based on your invoices the line can grow and adapt to increasing revenues. This important advantage provides a financial platform that can support growth.
- Simpler application. Invoice discounting has a simpler application process that most other solutions because you can discount, one, some or all of your invoices.
Invoice Discounting: helping businesses increase their Cash Flow
Invoice Discounting: helping businesses increase their Cash Flow
We have helped many businesses to unlock their cash flow held up by slow payers and lengthy credit terms using Invoice Discounting. What is invoice discounting? Some people may have heard or seen it as invoicing discounting, but simply put, it allows businesses to access cash that is tied up in unpaid invoices. The business is essentially selling its unpaid invoices to the lender (finance company) who then collects the payment from the customer.
Of course, when using invoice discounting, the business will lose a percentage of the value of the invoices, which becomes the lender’s fee. The percentage will vary depending on your circumstances and the lender’s criteria, but you will be made aware of all fees prior to the agreement. Contact us to get started or find out more
Other Services
Commercial Finance
Commercial Mortgages
Development Finance
Bridging Loans
Invoice Discounting
