Invoice Factoring & Discounting

Invoice finance enables businesses to improve their cashflow by freeing up cash from invoices as soon as they are issued. Invoice factoring can protect the business from the threat of late payers or bad debts.

Invoice finance is designed to provide working capital to companies by advancing up to 90% of the value of your invoices upfront, with the balance less charges being paid to you once your customer has paid their invoices in full.

Invoice finance can help a business plan ahead and exploit opportunities that might otherwise be lost.

With invoice factoring the process is simple. When a business enters in to an invoice factoring arrangement, it assigns the sales invoices that it issues to its customers, to the finance provider. Then, within a period of 24 hours of receiving the invoices, the finance provider will pay the business up to 90% of the invoice value in cash. It is then the responsibility of the finance provide to provide the credit control function and ensure you're clients settle their accounts. This inevitably will provide time and money savings on your in-house credit control function.

For companies who prefer to maintain their own credit control, take a look at Invoice Discounting.