Invoice Discount Your Invoices To Raise Cash
You can invoice discount your unpaid sales invoices (invoices to customers on credit terms) if you want to raise some cash. In simple terms, you can select particular invoices to discount (receive funding against) or you can discount them all.
Invoice Discount Without Minimums Or Tie Ins
You don't have to be tied into a long term contract, there are financiers that will allow you to dip in and out whenever you like - with no minimums.
So if you have a seasonal trading peak or a one-off large order, you can pick and choose one or more invoices to discount and receive, for example, 85% against those invoices immediately. That way you get the cash before the invoices are paid and when they are paid, by your customer, it repays the finance. The customers don't even need to know you are using the service and you can still handle the credit control yourself.
CHECK THE COST TO INVOICE DISCOUNT
Further Resources
- How to invoice discount and how it works
- Case study - the benefits above overdraft when you invoice discount
