What is invoice discounting?
A comprehensive funding facility that has been designed specifically to release the cash tied up in your sales ledger and needing a minimum of additional, ongoing administration from you.
Invoice discounting can be confidential or disclosed to your clients.
Ideally, you should have:
- A UK sales turnover of £200,000 +
- Minimum net worth of £25,000
- Effective credit control systems
Ideally you should be:
- In Profit
- Selling good or services on normal credit terms
