Factoring

Factoring

Factoring involves selling your invoices to a third party. It is commonly used by businesses to improve cashflow and reduce administration costs.

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Invoice Discounting

Invoice Discounting

Invoice discounting is an alternative way of drawing money against credit invoices where a business retains control over the administration of its sales ledger.

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National Irish Bank

At National Irish Bank we understand the importance of discretion. Confidential Invoice Discounting is a dynamic way of maximising the cash available to grow your business by releasing the value of your sales invoices.

How it works

You retain all customer contact and simply lodge all customer payments with National Irish Bank. Just report the sales totals through the online Tele-ledger system, which instantly updates the funds available. Then draw as little or as much as you need through the Tele-ledger system.

Cash flow should be a critical consideration in any business - whether it is sustaining existing operations or funding potential growth.

Invoice Finance can help unlock your business potential. It is a package of services designed to optimise your working capital. Since it is geared to current trading levels, it provides you with an immediate and expanding source of funds.

Invoice Finance can provide up to 85% of the value of your sales invoices as soon as they are issued. This means invoices can be turned into cash on the same day. After the payments have been collected and lodged with us, the balance of the funds is released.

Contact Information

National Irish Bank
3 Harbourmaster Place IFSC
Dublin 1
Ireland

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Who are we?

About Factoring OptionsThe UK Factoring & Invoice Discounting Helpline is a leading finance brokerage specialising in factoring and invoice discounting. We offer free, independent and impartial advice on business finance options. We have been helping businesses of all sizes and commercial sectors solve cashflow problems for more that 10 years. We have found factoring and invoice discounting facilities for many thousands of businesses and remain in contact with all our clients.

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Complete your details now and a member of the Factoring & Invoice Discounting Team will contact you as soon as possible.

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