What is the difference between Factoring and Invoice Discounting?

The main difference between Invoice Factoring and Invoice Discounting is that with Invoice Factoring the lenders involvement is disclosed (unless you opt for a Confidential facility) to your customers and the Factoring company also undertakes credit management on your behalf.

With Invoice Discounting, the service is usually confidential and you are responsible for your own credit management.

Both facilities provide immediate and ongoing cash equivalent to around 90% of the value of your Invoice and Bad Debt protection can be added to both facilities. 

 

 

You are here

Our Partners

RBS
Bibby Financial Services
Skipton Business Finance
Metro Bank
Close Brothers Invoice Finance
Ultimate Finance Group
Ashley Business Finance
Shawbrook Business Credit
Factor 21
Working Capital Partners
Catalyst Finance
Market Invoice
Platform Black