What does an invoice discounting company do?
As your invoice discounting company, we provide your business with a way to unlock the cash tied up in outstanding invoices without the need to hand over control of your sales ledger or customer relationships.
The key element that differentiates invoice discounting from other forms of invoice finance is that the business retains responsibility for collecting payment from its customers.
Once an invoice is raised, we'll advance up to 90% of the invoice's value, providing immediate cash flow to your business. When the customer settles the invoice, we pay the remaining balance of the invoice (in this example 10%) to you minus our fee.