INVOICE DISCOUNTING
Get a cash injection by financing your invoices that you are awaiting payment.
Finance up to
Get up to 80% of your invoices you are waiting for payment on as a unrestricted cash injection.
Cost to you
Term dependent 3.5% to 8%.
Application Process
Facilities can be opened in as little as 3 working days.
INVOICE DISCOUNTING IN A NUTSHELL
A quick breakdown of the purchase order finance to see if the model works for you.
+ PURCHASE ORDER FINANCE
+ Will assist with cash flow.
+ Fast approval.
+ Once facility is approved drawing down funds is extremally easy.
- PURCHASE ORDER FINANCE
- Most Invoice finance lenders will not fund invoices that extend past 60 days..
- Some Purchase order finance companies require a clearing account to be opened in the business's name to ensure the loan repayment is made.
- Invoices have to be issued by big corporates or government departments.
Invoice Discounting is a short term finance that enables SMEs to utilize money tied into unpaid invoices. A lender pays up to 80 % of the total invoiced amount as a cash injection that can be utilized to bridge the cash flow gap in your business