Invoice Discounting is one of the best solutions to a companies cash flow problems.
Invoice Discounting gives you an immediate cash injection against the value of outstanding invoices, then an advance of up to 90% of the value of an invoice as it is raised (this can go up to 100% in certain circumstances). The balance, less fees payable to the service provider, becomes available when the customer pays the invoice. Unpaid invoices become assets which are turned into cash.
With Invoice Discounting more funds are available to you immediately as your business grows.
Funding levels grow with turnover - which is ideal for a growing business.
Is invoice Discounting the best solution for you and your company?
Call today to speak to one of our advisors - we do all the work for you - at no cost to you! We will help you find the best solution for your company and advise if Invoice Discounting is right for you.
Invoice discounting is well suited to small, medium and large businesses with a turnover above £100k who are selling goods and services on credit to other businesses.
With Invoice Discounting the credit control function remains with you, the client, thus maintaining confidentiality. Your company retains full autonomy and control of the sales ledger, so sound credit control and debt collection procedures must be in place. This makes an invoice discounting facility very cost effective.
The cost of a facility includes a service charge plus the cost of money borrowed (i.e. interest).
Recourse (excludes bad debt protection) & non-recourse (includes bad debt protection) facilities can be arranged, with no minimum contract term.
Chrome Invoice Finance can help find the best Invoice Finance facility for your company (either Factoring or Invoice Discounting)
please call 0161 763 0321 or email