Selective Invoice Discounting
Improve cash flow
This is invoice level financing, where either selected invoices or all invoices for selected preapproved debtors are sold to the bank to release funds and improve cash flow.
How it works
Bridge the cash flow gap
- It is a short-term funding solution that gives start up or growing business's access to immediate cash rather than waiting 30 or more days for debtors to pay.
Quick turnaround
No waiting around
Cash is disbursed within a maximum of 48 hours after completion of take-on process.
What's hot
Short-term finance
Short term solution to unlock cash from outstanding invoices
Flexibility
Flexibility to use the facility as and when required
Convenience
No notice period or monthly admin fee
Majority funding
Funding of up to 80% of the invoice value
Simplicity
Simple fee structure - based on percentage of invoice value
Invoice-to-invoice basis
Once invoice is settled, there are no further obligations to the bank, but facility remains in place/open for future use
Benefits to your business
Discounts + lower stock prices
Use early payment discounts and secure lower stock prices without impacting relationship with debtors.
Early payment discounts
Enables the business to utilise early payment discounts with creditors
Lower stock prices
Enables the business to secure lower stock prices through bulk buying
Intact relationship
Doesn't affect control of, or relationship with the debtor(s)