Solution 2

Invoice Discounting
You Stay in Control

All the funding benefits of our Invoice Finance facility, with one key difference — you manage your own customer relationships and ledger.

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You supply goods and services in the normal way — we're notified of new invoices via your accounting software

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Up to 85% of an invoice's value is available for you to draw as you need it

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You maintain full control over your customer relationships — we maintain a backup ledger and help when required

What Is Invoice Discounting?

Funding flexibility with customer relationship control

Invoice discounting gives you all the cash flow benefits of our factoring facility, but you retain day-to-day control over your own customer accounts and ledger management.

You notify us when you want to draw available funds, and we get them to you promptly. You only pay for funds when you are actually using them — and you can repay manually or let the facility work automatically as new invoices come in.

We maintain a backup ledger and are always there to assist if and when needed — without getting in the way of your customer relationships.

Invoice Discounting is ideal if you:

Want to retain direct control over your customer accounts
Have an established collections process you're happy with
Prefer a more confidential funding arrangement
Only want to draw funds as and when you need them
Have a good trading history and reliable customers

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Not sure whether to choose Invoice Finance or Invoice Discounting? Talk to us — we'll recommend the right fit for your situation.

Key Variations

How it differs from Invoice Finance (Factoring)

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You Manage Customers

You maintain your own customer accounts and manage day-to-day collections. We're in the background — there to help if needed, but not involved in your customer interactions.

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Draw On Demand

You notify us when you want to draw available funds. We get the money to you promptly. You pay only for the funds you actually use.

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More Confidential

Your customers are aware of the assignment of invoices, but our involvement is less prominent. Your invoices include a brief assignment note — that's it.

How It Works

Simple once your facility is in place

Day-to-Day Process

You provide goods/services to customers and create invoices as normal.
Include a brief note on your invoices explaining the assignment to us.
We import invoices from your accounting application and process them.
We make up to 85% of each invoice's value immediately available for you to draw.
You notify us when you'd like to draw funds — we get them to you promptly.
You only pay for the funds you draw while you're using them.
Repay manually or let the facility cycle automatically as new invoices are raised.
We maintain an account showing funds drawn and funds available at all times.

What We Handle

We maintain a backup ledger of your accounts.
Provide back-end services: account monitoring, debtor protection, reconciliations.
All activity is reported and available via our client portal.
If a customer takes longer than the agreed funding period to pay, we monitor and advise.
We're always available to help if a customer situation escalates.
When your customer pays us, we process, reconcile, and make the balance available.

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If a customer is significantly overdue, the age of unpaid invoices may affect the level of funds available to draw — this is one reason some clients prefer the fully-managed factoring service.

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