Invoice discounting enables businesses to gain instant access to cash tied up in unpaid invoices and tap into the value of their sales ledger. When you invoice a customer, you receive a % of the total from the lender, providing you with a cash flow boost.
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Invoice Discounting - Features and benefits through Funding Options:
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A Finance Specialist is available to guide you through the process
It is free and doesn’t affect your credit score
A variety of options for different purposes
Invoice Discounting - How does it work?
Invoice discounting can be seen as a series of short-term business loans using invoices as security. In other words, the lender knows that you’re owed the money, so will lend you most of it before your customer has actually paid you.
Invoice discounting is normally confidential (it's sometimes called 'confidential invoice discounting'), and you’ll continue to deal with customers yourself as normal - your customers won’t know you’re using a finance provider.
Invoice discounting allows you to retain autonomy over all communications and customer service - The downside to this is that you’ll still have to chase invoices yourself!
7.63% APR Representative based on a loan of £50,000 repayable over 24 months. Monthly repayment of £2,252.94. The total amount payable is £54,070.56
*Some lenders may apply fees during the application process, please note that these are set and provided by these entities.
Annual Percentage Rate
Rates from 2.75% APR
1 month to 30 years terms