To remain competitive UK Companies realise that they need to give credit terms to their customers, however, they also need early payment of sales invoices to assist their own cash flow. Invoice discounting, part of our invoice finance suite of products, provides this very solution allowing businesses to get the best of both worlds.
- Improve your Company Cash flow.
- You Maintain customer relationships and credit control
- Invoice Discounting – You are in control
- Seamless integration into your accounts software.
- Retain your accounts department & relationships
- Fast access to sales invoices & accounts receivable
- Confidential Invoice Discounting – Your customers are completely unaware.
- FREE Invoice Discounting quotes provided
- Start ups to £30 million turnover
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Who is eligible for Invoice Discounting & Confidential Invoice Discounting?
Most businesses trading with businesses that offer goods or services on credit terms are eligible for Invoice Discounting or Confidential Invoice Discounting. However, you would normally expect a business wanting discounting to have there own internal accounts or credit control systems and or procedures. That said Invoice discounting is available to both small or large businesses. Invoice Discounting services are often tailored and customised to the individual business requirements and can be implements in most industry sectors:
- Haulage, Logistics, Shipping & distribution
- Manufacturing –
- Printing & Packaging
- Recruitment Agency & Consultants
- Body shop and accident repair garages
- The Construction Industry, including those operating within contracts
- Business Supply & Business Services
- Advertising, Media and Marketing
- International Trade or Import and Export
This is by no means an exhaustive list of business sectors eligible for invoice factoring so discuss your specific industry or business requirement call 0800 316 1612 or apply on line for a free invoice discounting quote.
What is Discounting & Confidential Invoice Discounting?
Invoice discounting offers the same basic facility as factoring, in that it provides immediate working capital by releasing cash that would otherwise have been tied up in unpaid invoices, but without the sales ledger and collections service. In this case, your invoice discounting company advances your business cash against the value of outstanding invoices, but you retain the collections in the usual way. You would normally find that Discounting is conducted on a confidential basis in that your customers would never know or be expected to deal with your discounting company.
Key Features of some of our Invoice Discounting Solutions
Funding is flexible and linked to your current and future trading levels and needs. You can plan ahead more confidently and compete more aggressively offering your customers extended credit terms without affecting your working capital or incurring cash flow problems.
- Seamless software integration
- Automatic Reconciliation
- Non Recourse offers protection from bad debts
- Flexibility to negotiate attractive supplier discounts
- Remove all expense and hassle of chasing payments of invoices – saving you time!
- Available to companies within Administration, CVA, bad credit or who have performed a phoenix
- FREE factoring quotes provided
- Excellent way of providing funding for MBO, MBI, Corporate Restructure or diversification.
Can play a significant part in Business Rescue and Restructure. Often the fastest business life line for a company receiving a Bad Credit rating from customers slow or poor payment record. Company Voluntary Arrangement ( CVA ) CCJ’s, Company Bad Credit Ratings and defaults or Phoenix Accepted. Confidential Invoice Discounting stories: “M.B.O using discounting to leverage the management buy out” “An Entrepreneur used Discounting and import finance to exploit a new market beating the competition” “Business Recovery, by using CID injecting cash directly into our business within 4 days the company was able to execute a fast turnaround”
Other types of invoice discounting and cash flow finance
Solutions to prevent Cash Flow Problems.