Confidential Invoice Discounting
What is it?
Basically it is the same facility as an invoice discounting facility but it is offered confidentially so your customers are unaware of a factors involvement.
- Confidential Invoice Discounting provides an immediate injection of cash against the value of your outstanding invoices.
- You are given up to 85% of the value of your outstanding invoices. The remaining 15% will be paid to you once your customers pay their invoices.
- Your business has access to an ongoing supply of cash which grows in line with your sales.
- With a Confidential Invoice Discounting service you would have 24-hour Internet access so you can keep track of payments received and the amount of funding available to you.
- Your customers make payments against their invoices via a specialist bank account.
Is you business suitable?
- Your business needs to be turning over in excess of 0.5 million per annum and trading profitably in order to qualify for a Confidential Invoice Discounting service.