Invoice Discounting

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Invoice Discounting

Release the funding tied up in your invoices quickly efficiently with Invoice Discounting.

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Invoice Discounter

Send out your invoices to customers, and then send the details to the Invoice Discounter.

They will release up to 90% of the value of the invoice to you within 24 hours. You then continue to chase payment from your invoiced customers and they then pay into a dedicated bank account.

Once the customers pay the invoices, The Invoice Discounter will release the remaining 10% of the funds minus a small fee.

The benefits of choosing Invoice discounting are:

  • Once an invoice is raised, you can be paid straight away without having to wait 30, 60 or 90 days.
  • You will only pay interest on the funds you have borrowed
  • Confidentiality is the key, Invoice Discounting is dealt in the strictest confidence.
  • It’s a flexible service you can use only when you need to
  • You can pay staff suppliers and HMRC on time
  • You can purchase more materials
  • Its cost effective
  • Minimum paperwork
  • You gain total control

Choosing Select Factoring

Due to the current economic climate and the decrease in bank’s lending power, companies can find it difficult to raise the funds to improve their capital and cash flow. Choosing Invoice Discounting through Select Factoring can improve both those factors immediately.

Have your invoices paid immediately, choose Invoice discounting through Select Factoring.

For more information contact us on 0123 412 3456 or email us at info@selectfactoring.co.uk.

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