How do I transfer from my existing invoice discounting provider?

If you wish to switch to Novuna from your existing invoice discounting provider, we can take care of the process on your behalf. Simply contact us and arrange for one of our business development managers to pay you a visit. Once you’ve decided to work with us, we’ll contact your current invoice finance provider and arrange for a transfer of your invoices to us. Your funds will then be with you within one to five working days.

If you face termination fees from your old provider, we can contribute up to £1,000 towards it. We offer a six month trial period for our services – if for any reason you decide to leave during this time, you won’t face any of the exit charges normally associated with standard contracts.

What is confidential invoice discounting? Our company has recently experienced rapid growth, would invoice discounting be a viable option? Is invoice discounting long term or short term? What is the difference between invoice discounting and factoring? Is invoice discounting a good idea? What does an invoice discounting company do?