Invoice Discounting
Flexible financing to boost your cash flow.
We understand that you want simple, flexible cash solutions - and quickly.But not just for your UK business - exporters need funding too. If your business is growing rapidly and cash is needed to support expansion plans, our Receivables Financing service provides you with a viable alternative that will allow you to grow your business with confidence, wherever you sell in the world.
Facilitating export trade
A key advantage of using Coface UK for your receivables financing and debt protection needs is that we have the ability and the appetite for export business unmatched by our competitors. We can fund wherever Coface provides cover, and given Coface's position as a world-leading export trade underwriter, that means most parts of the world - not just Europe as other invoice discounters do. Furthermore, we treat sales to OECD markets as domestic business and price them the same way.
Financial support when you need it most
Coface UK can help you mobilise extra working capital to develop your business by providing you with instant cash advanced against your unpaid invoices. Our services include:
What we can offer
- Up to 90% advance payment up front
- Domestic & Export trade financing
- All major currencies supported
- Credit control expertise available
- Confidential Debt Collections service if required
- Option of built-in Credit Protection
- Off balance sheet finance
Benefits to your business
- Immediate cash to exploit new avenues for growth or recovery
- Receivables Financing facility grows with turnover, unlike an overdraft facility which is fixed
- Improved balance sheet positioning
- Service support that leaves you free to seize fresh trading opportunities
- Flexible receivables finance options with access to other credit management solutions, such as credit insurance & credit control
Our Receivables Finance service is available through Coface Receivables Finance Limited, a subsidiary of Coface, and backed by Natixis, one of France's leading banking groups.
Coface's pan-European factoring services are available via Natixis Factor in France and Coface Finanz in Germany.
Regulatory status
Coface Receivables Finance Limited is an appointed representative of Coface UK which is authorised in France by the 'l'Autorité de Contrôle des Assurances et des Mutuelles' (ACAM) and regulated by the Financial Services Authority for the conduct of UK business.
We are also a member of the Asset Based Finance Association (ABFA), which is a UK based trade association representing an industry with forty years experience of supplying much needed liquidity to UK businesses.
