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Invoice discounting

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Unleash owed cash with invoice discounting

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.

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Specialist business finance

  • Business finance
  • Factoring

Specialist solution for

  • Recruitment factoring
  • Recruitment invoice discounting
  • Wholesale invoice factoring

Read more about

  • Management buy-out
  • Improving cashflow
  • Unpaid invoices
  • Outsource debt collection
  • Business overdrafts

See also

  • Business insurance
  • Public liability insurance
  • Landlord insurance

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Get started with Aldermore Bank

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?

An invoice

The benefits of factoring

  • Instant payment against your sales invoices
  • Transform your cash flow, with more available funds than a typical overdraft
  • Free up time spent on credit control

Find out more

Rated 4.7/5 by customers

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Our score is based on the reviews we’ve collected on Feefo, the independent customer research specialist.

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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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Business finance solutions
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Invoice discounting

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© Copyright 2020 Simply Business. All Rights Reserved. Simply Business is a trading name of Xbridge Limited which is authorised and regulated by the Financial Conduct Authority (Financial Services Registration No: 313348). Xbridge Limited (No: 3967717) has its registered office at 6th Floor, 99 Gresham Street, London, EC2V 7NG.