Invoice Discounting

Invoice Discounting is provided for new businesses with a strong business plan or to established, profitable businesses with a strong balance sheet and the arrangement is normally not disclosed to your customers. However in certain circumstances disclosed Invoice Discounting is available if more suitable. Invoice Discounting is most suited to businesses with UK sales of at least £200,000 per year, which have a minimum net worth of £25,000 and demonstrated reasonable profitability with a past trading history or strong business plan.

Suitable companies are companies are selling goods or services on normal credit terms. Likewise they are likely to have a computerised credit control system and effective credit management techniques in place.

Click hear to download a guide on Invoice discounting from GardenAdvice.co.uk recommended supplier

Invoice Discounting provides a business with funds against unpaid invoices. For example if you are a expanding business issuing funds to other commercial organisations. Once you have issued an invoice on payment terms of say 30 days the Invoice Discounting company will make available to you up to 95% of the value of this invoice. Invoice Discounting company is repaid the advanced moines once your client has paid. This bridges the gap between you issuing the invoice and being paid by your customer. Allowing you funding to undertake additional work rather than wait to be paid by your customer or seek an overdraft or an extension on your existing overdraft from your bank.

Benefits

* Early payments - Up to 95% of the value of your invoices.
* You retain responsibility for credit control.
* Bad debt protection - optional.

Click hear to download a guide on Invoice discounting from GardenAdvice.co.uk recommended supplier

 

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