What is Invoice Discounting?
Invoice Discounting allows you to raise up
to 85% of funds from unpaid invoices owed to you by your customers. However you will be responsible for the credit control
and up keep of the sales ledger .
Is Invoice Discounting For
Me?
Invoice Discounting is
best suited to well established companies with a turnover of £1m or more. However certain other criteria
such as quality of debtors and industry will need to be met before an Invoice Discounting facility is offered.
What is the Cost?
It is very difficult to give a quote without having a
certain amount of information from you. An Invoice Discounter will need look at certain criteria such as type
of industry and turnover.
The type of Invoice Discounter can also make a difference to cost.
Bank owed Invoice Discounters are generally less expensive as they offer a more automated service. Independant Invoice
Discounters are slightly more expensive but offer a much better customer service and are genuinely more flexible with
their funding decisions.
How Can IFCUK Help Me?
IFCUK have over 20 years of factoring industry experience and are well placed to offer impartial and practical
advice. There is no cost for our service.