Invoice Discounting, ID

What is Invoice Discounting?

Invoice Discounting (ID) is a simple and flexible funding-only solution which releases cash tied up in outstanding customer invoices. This form of business funding will allow you to obtain an immediate cash injection and ongoing supply of working capital with self-managed credit control.

What invoice discounting can do for your business

  • Fast, flexible source of funding which grows in line with sales
  • Confidentiality
  • Improved credit rating
  • No real estate security required
  • Invoices to cash flow within 24 hours

How it works

Invoice raised

Invoice

Send your invoice to your customers and confirm to us the balance of your outstanding accounts receivable

90%

Receive funding

We advance up to 90% of the invoice value to you, minus our fee, when invoices are paid

customer payment

Customer payments

The remaining percentage is returned to you upon customer payment

Is invoice discounting right for your business?

  • Your company trades predominantly with other commercial businesses 
  • Invoicing is done in arrears and payment terms are up to 120 days of invoice date
  • You have well established resources and procedures in place to manage all financial administration
  • Your business has strong reporting and accounting systems