Invoice Discounting
Invoice Discounting
Like Factoring, Invoice Discounting involves the purchase of your sales ledger for the benefit of providing immediate cash against invoices (up to 90% of each invoice in certain circumstances).
The main difference is that, with Invoice Discounting you will retain control of your sales ledger and credit control functions.
In general, although there are exceptions, businesses that are suitable for Invoice Discounting are established and profitable, with a relatively healthy balance sheet and strong in-house credit control systems.
Invoice Discounting is also available as either a disclosed or confidential service.
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