Invoice discounting

Release funds from your unpaid invoices the moment they are raised, while maintaining control over the collection of payments.

Key features

  • Invoice discounting is an alternative solution to traditional types of business finance.
  • It provides instant access to cash tied up in outstanding invoices.
  • It adapts with businesses as they change and grow, making it much more flexible than an overdraft or loan.  
  • You maintain control over the collection of payments, making the facility entirely confidential.

            

 

How does invoice discounting work?

Invoice discounting companies

1. You supply your goods or services and you invoice your clients as usual.

 

invoice release cash

3. We pay you up to 90% of the value of each invoice the instant you raise them.

 

discount invoice

 4. You maintain control over managing collections. When your client settles the invoice you get the remaining balance less an agreed fee.

 

 

 

Is invoice discounting suitable for my business?

 

Your invoices are B2B.

✔ Your business has a minimum turnover of £500k p.a.

You would be interested in financing all of your invoices not just a few.

Invoice discounting for SMEs. Business owner smiling

What are the advantages of invoice discounting?

 

  1. Confidential
    Our confidential invoice discounting facility enables you to maintain control over the collection of payments, meaning that your clients won’t know that you are using our service. (See invoice factoring if you would like our experts team to manage the collections for you).
  2. Cash flow
    Gain instant access to cash tied up in your outstanding invoices. The cash you can access grows as your sales and invoice values increase. Slow payments won't limit your business growth.
  3. Fast funding
    Our award-winning software, IDeal™, allows you to access up to 90% of your invoice value the instant you raise them, from anywhere in the world 24/7. 
  4. Save time
    Eliminate paperwork and laborious month-end reconciliations. IDeal™ automatically reconciles invoice payments, this means no duplication and no errors. 
  5. Personal service
    Whether you prefer face-to-face meetings or regular catch-ups by phone or email, our Client Managers are here for you and will proactively support your business.
  6. Security
    Operate secure in the knowledge that you are covered should your customers get into financial difficulty with our optional bad debt protection service.

 

Achieving your business goals

We work with businesses from a wide range of sectors to help them meet their goals, whether it's improving cash flow, mitigating late payments or managing seasonal demand. If some of your turnover is export, we can also consider providing finance against these sales, especially if combined with our bad debt protection solution.

Read some of our business case studies

 

            

Find out how invoice finance helped
Bromford Iron & Steel manage their cash flow.

Instant access to funds, 24/7

Seamlessly integrating with 264 accounting software packages, IDealTM is our award-winning online platform available with your invoice discounting facility.

IDealTM enables your business to access funds from your invoices from anywhere in the world at any time - instantly. By automatically reconciling your invoice payments, it also saves you time and money.

Find out more about our technology 

 

Invoice discounting software. IDeal

 What are the costs of invoice finance?

 

Invoice discounting cost

 

As we tailor a solution to meet the needs of your business,
your agreement will be individually priced. 

Find out more about how our fees work

Call one of our experts to discuss a bespoke quote on 0127 376 5817 

Add-ons

Bad debt protection and Liquidity Plus are optional add-ons that can be bolted on to your invoice discounting facility

Bad debt protection

Bad debt protection enables you to operate safe in the knowledge that you will not be impacted by bad debts if your customers are unable to pay you.

Liquidity Plus

Liquidity Plus can help in scenarios such as periods of rapid growth, or peaks in trading. It enables you to access additional funding when your business needs it most.