Invoice Discounting

Use our confidential invoice discounting facility as a source of working capital

Invoice Discounting, also known as Invoice Finance or Invoice Factoring, is a way for businesses to free up cash from their outstanding invoices.

What is Invoice Discounting?

Invoice discounting is an invoice finance facility used by businesses as an alternative way of drawing money against invoices to better manage their cash flow. The business effectively sells its invoices to an invoice discounting company that pays out the majority (up to 90%) of the invoice value within 24 hours. Once the invoice is settled by the customer, the invoice discounting company pays out the remainder of the invoice, minus their fees for the service. Simple!

It's important to note that Invoice Discounting is NOT a form of debt and that you can only use one Invoice Discounting facility at a time.

How does Invoice Discounting work?

Once your invoice discounting facility is in place with the lender, you send a copy of the invoice(s) over to them and they release funds to you, giving your business additional cash flow.

You will invoice your client as usual and upload the same invoice to the online funder portal.
Up to 90% of the invoice value is paid directly into your business bank account within 24 hours.
Your client will settle the invoice directly with the lender when it's due, and the funder will release the remaining 10% into your business bank account minus fees.
This completes the payment cycle.

Benefits of Invoice Discounting

Access to cash, quick
Finance solution to improve cash flow
Source of working capital without relying on a loan
No waiting for customers to pay invoices
Keep business running smoothly
Perfect for a start-up business with creditworthy customers
No stringent borrowing requirements
Make cash payments to your suppliers so you can reduce your production costs