Invoice Discounting Advantages
- It can be used as a confidential facility so your customers will not be aware of a lenders involvement.
- Invoice discounting allows you to keep control of your sales ledger and allows you to manage the credit control function for your business.
- It will release up to 90% of gross invoice value providing your business with a cash flow solution.
- Typically invoice discounting is cheaper than factoring as the lenders workload is lower. However, lenders also view it as higher risk.