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:
To get a quote now, why not try out Aldermore Bank's quick calculator?
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“It is a very good and easy to use service. I've been a customer for several years and the renewal system is very straight forward. I've always found the quotes competitive too. I'd definitely recommend Simply Business.”
– R Matthews, Handyman
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