Invoice Discounting

Cashflow Without Changing Your Credit Control

Invoice Discounting releases your working capital immediately through the process of providing your business with up to 90% of the invoice value on a confidential basis. And, unlike an overdraft, funding levels automatically grow alongside your business without the need for constant renegotiation, making Invoice Discounting a quick and easy way to free up money without changing your established control procedures.

The Benefits:

With bank overdrafts on the decline, Invoice Discounting is now regarded as one of the quickest and easiest ways to free up money without changing your credit control procedures.

• Improved cashflow: you no longer have to wait up to 90 days to get paid

• It's confidential – your customers will never know

• Up to 90% of invoice value available when you bill your customers

• The option to combine with Bad Debt Protection to minimise the risk against failing customers

• Cleared funds can be in your account the day after you raise your invoice

• You retain control over your credit control function

• Fast access to finance – you could have funds in your account in as little as four days from now

• The potential to raise even more money through our fantastic range of additional services

• Award-winning service – you will have a dedicated Relationship Manager, with years of experience, available whenever you need to talk

• 24/7 accessibility to your account, with online administration

• You are a business to business company in the UK

• You have an annual turnover above £500,000

• You issue invoices with trade credit terms from 14 to 90 days

• You have an established and well-run credit control function

The Fast Invoice Discounting is a new service that builds on the Fast Factoring Service. For companies with established accounts payable and credit-control capabilities, this is the swift, no-nonsense way to unlock the value of your invoices and boost cashflow. You will get up to 90% of the value of your invoices straight away, while your own credit controller secures payment.

How does The Fast Invoice Discounting work?

With the Fast Invoice Discounting, a meeting will be arranged within 48 hours of your getting in touch with us. We aim for one visit and a same-day in-principle decision and indication of finance available. Once your account is up and running, you will be appointed an accessible Relationship Manager who really understands your business. You’ll also have access to online account management, for 24/7 visibility of your facility. Submitting invoices, reviewing your account and requesting money can be carried out simply, online.

Invoice Discounting is ideal if you have an annual turnover of between £500k and £5m and an established credit-control function. It enables you to quickly inject capital into your business, without having to deal with banks or sacrifice equity.

The Fast Invoice Discounting is the ideal way to side step traditional slow-moving, bureaucratic lenders while gaining the experience and peace of mind of an award-winning independent financier. This streamlined The Fast Invoice Discounting service enables you to fund expansion, improve efficiency, or refinance your business. Your account will be handled by an experienced team of professionals who take time to really understand your business and support you, as it develops.

The benefits of The Fast Invoice Discounting include:

• We’ll set up a meeting within 48 hours of your getting in touch with us. We aim for one visit and a same-day in-principle decision and indication of finance available.

• We work to get your facility in place within 5 working days of our meeting, with funds available within 24 hours of raising an invoice.

• Receive up to 90% of the value of your invoices as soon as they are raised.

• If you have a well-run credit control function and want to maintain full control, then the Fast Invoice Discounting is for you.

• Bad Debt Protection (optional) will protect you against the risk of incurring a bad debt. Unlike many competitors, Bad Debt Protection provides up to 100% cover and one of the best-value rates around.

• We assign a personal, experienced Relationship Manager to look after you.

• Unlike overdrafts or loans, Invoice Discounting automatically grows as your business grows.

• Manage your account online. Submitting invoices, reviewing your account and requesting money can be carried out simply, online.

The Fast Invoice Discounting involves minimum time commitment from you. We take away all the hassle of setting up a new finance facility and give your business fast access to finance and confidence for stronger growth. Ideal for all kinds of businesses, our clients include recruitment, manufacturing, wholesale and distribution, service businesses, transport and logistics, IT and communication.

Is it right for you? It could be if you:

• Have an annual turnover of between £500k and £5m

• Are a business-to-business company in the UK

• Issue invoices with credit terms from 14 to 90 days

• Have an established and well-run credit-control function

• Simply want standard Invoice Discounting

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