Benefits of using an invoice discounting arrangement
Invoice discounting is popular method of invoice finance in the UK where businesses with large and trustworthy collection departments can gain access to cash by sending over a batch of invoices to a invoice finance provider in return for an allocated facility to draw an agreed percentage of money against raised invoices.
So, what are the benefits of using an invoice discounting arrangement?
- Invoice discounting provides a business with Improved cash flow
- Invoice discounting can release a business up to 85% of the value of invoices
- An invoice discounting facility is continuous so can provide a business with an ongoing supply of cashflow
- As sales grow an invoice discounting facility can grow in proportion.
- A business using invoice discounting has the confidence of Knowing exactly when it is going to be paid
- By receiving cash as soon as a sales invoice is raised, a business using invoice discounting will find that its cash flow and working capital position is improved.
- A business using invoice discounting only pays interest on the funds that it borrows, in a similar way to an overdraft, which makes it more flexible than debt factoring.
- Invoice financing can be arranged confidentially, so that customers and suppliers are unaware that the business is borrowing against sales invoices before payment is received.
Please note that invoice discounting is a very trusting method of raising business finance. It is not open to all business and always subject to an detailed audit prior to approval. Call 0800 597 4757 or apply online.
Invoice Discounting Menu
- What is the difference between invoice discounting and factoring
- The invoice discounting process
- What make a business suitable for invoice discounting?
- What make a business NOT suitable for invoice discounting?
- What are the benefits of using an invoice discounting arrangement?
- What is confidential invoice discounting?
- What is disclosed invoice discounting?
- Disclosed invoice discounting
- Differences between disclosed invoice discounting & confidential invoice discounting
- Compare invoice discounting quotes
- What is single invoice discounting?
- The advantages of using an independent invoice discounting broker
- What is the difference between factoring and invoice discounting?
- How can invoice discounting help grow and develop a business?
- What type of business can benefit from invoice discounting?
- What business sectors are most suited to invoice discounting?
- Selecting or choosing an invoice discounting company
- Where to get invoice discounting help in the UK
- Invoice discounting for a recruitment agency
- Invoice discounting brokers
- Benefits of using an invoice discounting broker
The 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.