Invoice Discounting releases your working capital immediately through the process of providing your business with up to 90% of the invoice value on a confidential basis. And, unlike an overdraft, funding levels automatically grow alongside your business without the need for constant renegotiation, making Invoice Discounting a quick and easy way to free up money without changing your established control procedures.
How does Invoice Discounting work?
With Invoice Discounting, you raise an invoice to your customer on your own company stationery, send it to your customer and then present us a copy for payment. We give you up to 90% of the value of the invoice straight away. Your own credit controller secures payment from your customer, which is then paid in to your client account at Venture Finance. Once the funds have cleared, we send you the balance owed, less our fee.
Confidential Invoice Discounting is ideal if you have an annual turnover above £500,000 and an established credit control function. It enables you to quickly inject capital into your business, without having to deal with banks or sacrifice equity. Furthermore, your customer need have no idea that Venture is involved.
To find out more, take a look at the benefits or give our team a call now on 0800 077 8547.
Alternatively, if you have an annual turnover of less than £500,000, or would prefer to enjoy the benefits of outsourcing your credit control function, take a look at our
Factoring solutions.
