![]() Invoice discounting is a solution that may be a viable option for you.īusinesses can immediately access cash held in unpaid invoices and get into their sales ledger using invoice discounting. Small- to medium-sized businesses can find it challenging to get customers to pay their invoices. We have access to over 25 invoice discount lenders in the UK to get you the best rates Get your Quote So, what is invoice discounting? We deal with the simplest and most complex cases invoice discounting Customers won’t be aware that you are involved. You are still in control of your credit control and will continue to chase late payments. Invoice discounting is a good option to keep your customers in the dark about the financial arrangement. This method differs from invoice factoring in that the customer doesn’t know you have taken out cash flow finance. Invoice discounting can retain control over your sales ledger and your invoice processing and payment chasing. We can help you get approved for invoice discounting, start online below now: This provides working capital for your business throughout the month while you wait for payment. Invoice discounting refers to invoice financing where unpaid invoices can be used as collateral for a loan.īusinesses can leverage their sales ledger’s value by using invoice discounting companies.Īn invoice discounting company will send invoices to customers, and a portion of the total amount is available to the lender. What is invoice discounting? Complete guide to rates, pros and cons and how to apply
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