Invoice Discounting is a very effective way of improving a Company's cash flow by converting its Invoices into cash.
With an initial advance level of around 90%, it provides an immediate cash injection into the business and an ongoing facility which grows automatically as sales increase.
Invoice Discounters will also provide finance against stock, plant and machinery and property - see Asset Based Lending.
Unlike Invoice Factoring, you maintain full control of your Sales Ledger, the issuing of statements and collection of cash. As a result the service charge is much lower.
Confidential Invoice Discounting is also available for qualifying businesses, the benefit of this is that the service providing by the Discounting Company is completely undisclosed to your clients. For more information on this type of Invoice Discounting please click HERE.