Similar to factoring in that it enables the release of funds that are tied up in unpaid invoices.

However in this case, the responsibility for invoice collection does not change. The Invoice discounter in effect purchases the debtor book and provides up to 90% of invoice value on receipt of invoices.

Businesses already established and large enough to afford the staffing and system resources sometimes prefer invoice discounting to factoring.

By improving the speed of payment, cashflow is improved, enabling overdraft borrowing to be reduced and new business opportunities to be exploited.

We work with clients to select the type of Invoice Discounting most appropriate to the trading situation.

As an independent finance intermediary we can assist businesses with:

• Preparing a business plan
• Sourcing appropriate lenders
• Compiling the finance application
• Negotiating with lenders for rates and terms
• Managing the process of finance delivery.

Release the funds tied up in unpaid invoices by invoice discounting.