Invoice Discounting for Small Businesses
Invoice Discounting can be hard for a small business to find despite the fact that the business often handles its own collections very well and does not want the interference of a factoring company chasing their invoices.
Invoice discounters often have strict requirements about the financial trading performance required to qualify for invoice discounting and there can also be large minimum turnover requirements (often 300K upwards) which can exclude smaller businesses from accessing this type of service.
The good news is that there are exceptions. We have recently completed a number of facilities with a discounter that will offer invoice discounting to businesses that have annual sales of just £100,000 per annum. This means that small businesses can enjoy all the benefit of the cash flow improvement from invoice discounting whilst being able to continue handling their own invoice collection and customer relationships.
If you might benefit from a similar invoice discounting service we would be happy to introduce you to a discounter that has experience of dealing with smaller businesses.
To request a no obligation UK wide search for invoice discounting quotations follow this link.

