Invoice Discounting

A finance only solution which provides you with the working
capital you need to make your business plans a reality.

What is Invoice Discounting?

A healthy level of cash flow is vital to every business. Cash that can be used to support plans and grow your business. However, at times, your cashflow can be impacted due to additional expenses as you take on more business or the impact of late paying customers. Invoice Discounting enables you to access a flexible source of funding based on the value of your outstanding customer invoices releasing up to 90% of the value of outstanding invoices before they are paid.

Benefits

Improves Cashflow

An upfront payment up to 90% of the value of outstanding invoices

Flexible ongoing source of working capital

Access up to 90% of each invoice raised so the level of funding grows in line with sales

Easy access to cash

automatic upload of sales ledger ensures easy and faster access to cash

Negotiate trade discounts

Improved cashflow enables negotiation of early payment discounts with suppliers boosting profitability

Transparent fees

A dedicated client manager who ensures that we build an open and transparent relationship so there are no surprises, and you stay in control

Fast decisions

Access to senior decision makers ensuring we act quickly when needed

Peace of Mind

We carry out credit checks on your customers and include debtor protection should your customers business fail

How does it work?

1. We will provide you with an initial advance of up to 90% of your outstanding invoices

2. Each time you raise a customer invoice, upload to e-sync your online system

3. We will pay you up to 90% of the value of the invoice within 24 hours

4. Your customers pay into a trust account in your name

5. We pay you the remaining balance minus our fees

Who is eligible?

Businesses trading with other businesses on credit terms
Businesses turning over £2m+
2 years trading history and a positive balance sheet
Firms requiring funding between £250k and £5m
We support businesses from a wide range of industry sectors including manufacturing, transport and security services.

How much does it cost?

We charge two fees, firstly the cost of finance which is an agreed percentage over bank base rate. You only pay for the amount of finance you use. The second fee is for the service we provide and is set as an agreed percentage of your annual turnover..

Get Started Today

Get Started

Following an Informal discussion and a review of your sales ledger we will be able to provide you with an in-principle decision within 24 hours. We don’t believe in lengthy processes, so you can be assured that we will work to put a facility in place as quickly as you need it.