Should you be waiting on invoices but urgently need cash, invoice finance will give you quick access to funds. You can release as much as up to 100% of your invoice value and once your client pays, the remainder will be paid to you, minus the fees charged. Invoice discounting is a confidential facility which allows you to retain control of the credit control process. Factoring may be more suitable for your business, in which the lender will manage the collection of your payments for you.
- Access to funds is secured against the sales ledger
- Reduce risk of bad debts and late payments
- Facilities available from £5,000 up to £1 million
- Flexible rolling contracts available
- Invoice Discounting and Factoring options available