Invoice discounting turns your unpaid invoices into ready cash - providing working capital by releasing funds held up in oustanding debtor balance. This enables you to:
- Receive up to 90% of the invoice value
- Expand - the facility grows as the business does
- Treat export sales to OECD countries as if they are to the domestic UK market
- Retain relationships with your customer and collect debts as our agent as the facility is confidential
- Enhance your export sales by invoicing confidently and securely on open credit where competitors are asking for Letters of Credit or similar
- Negotiate better prices from suppliers by agreeing to shorter credit terms
You can choose between recourse and non-recourse:
- Non-recourse: a packaged service using Coface Credit Insurance to underpin the finance. £50m in funding is available for non-recourse finance needs
- Recourse: not integrated with Coface Credit Insurance but available as a separate service.
For more information, please read our Invoice Discounting brochure.
To be contacted about our Invoice Discounting solutions, please complete the enquiry form.
To apply for Receivables Finance, please complete the Receivables Finance application form.
