Invoice discounting is an excellent way to get cash in quickly. Essentially a cash advance against the value of your invoices, within 24 hours of raising them you’ll receive 85% of their value.
Unlike factoring you’ll retain full control over credit management. The bank simply gives you cash upfront and you pay them back when you receive payment. It’s confidential so your customers need never know, and it’s often a better option than an overdraft advance – which tends to be more expensive.
It’s an excellent option if you want to free up some cash quickly and efficiently, so we’ve teamed to with Aldermore bank to offer an invoice discounting solution tailored to small businesses.Get started
Arranging your invoice discounting service is quick and easy, just follow these simple steps:
Complete the quick enquiry form, telling us a bit more about you and your business.
Once we’ve got a picture of your needs and priorities, we’ll refer you to Aldermore Bank’s specialist business finance team. They’ll then get in touch by email with a quote, or to arrange a face-to-face appointment at a time that suits you.
Happy with your quote? Aldermore Bank will tailor a brand new invoice discounting solution, that’ll help you quickly back take control of your business finances.
To get a quote now, why not try out Aldermore Bank’s quick calculator?