What is invoice discounting

Your business cash flow is based on the money coming into and going out of your bank account and invoices form a huge part of that. For many businesses, unpaid invoices can form a huge part of their funds that are tied up and impossible to access. Invoice discount funding unlocks that cash and allows you to spend it on your business now rather than later.

Because this is a relatively low risk way for us to lend you money, it is also low cost and very flexible.

How does invoice discounting work?

One of the main benefits of invoice discounting is how flexible it can be. Take a look below to see how it works and why it is a great option for your business.

• Talk to us about your needs and set up invoice discounting with us
• Send your invoice to your client via our system
• We pay you up to 90% of the invoice immediately and use it to pay your own invoices, staff costs or invest in your business
• You ensure that your client pays the invoice as expected (including chasing them if required)
• You receive the final 10% when the invoice is paid (less our fees).

As you can see it is very simple and risk free for you. As long as you know your client will pay, you have instant access to those desperately needed funds and can meet all of your commitments.

In these scenarios, the business can repay the cash advance as the turnover increases, allowing for the ups and downs of business life.

Contact us to find out how we can help

We are happy to talk through how invoice discounting works and discuss your options. Feel free to give us a call and we will put you in touch with one of our professionals.