Invoice Discounting
Invoice discounting is primarily a funding package, which has the benefits of factoring while you continue to manage your own invoicing and debt collection.
Invoice discounting can be disclosed or confidential which means your customers either know you have a facility or they do not.
It is for a more established and profitable business with a turnover in excess of £300k.
The criteria for confidential invoice discounting are constantly changing. A company now suitable for CID facility would not have been suitable 12 months ago.
