Invoice discounting

Alternative funding sources for Business – Invoice Factoring

Alternative funding sources for Business – Invoice Factoring

Invoice factoring is a fast way to raise cash by ‘selling’ your invoices to a large factoring company for a fee and who then collect the debts from your customers. It’s different from invoice discounting since the whole credit control function is carried out by the factoring company. It is usually…

Alternative funding sources for Business – Invoice discounting

Alternative funding sources for Business – Invoice discounting

Invoice discounting is a simple and fast way of raising working capital. It allows you to raise cash up to 85% of your invoice values soon as you bill them to customers and is popular for larger businesses with typically over £1m annual turnover. There are many advantages to this…