Spot Invoice Discounting
Spot invoice discounting is available for businesses who wish to discount a single invoice or batch of invoices.
This is in contrast to whole turnover agreements.
How does spot invoice discounting work?
- In the first instance contact Smart Factoring Quotes to discuss your requirement for spot invoice discounting.
- We will aim to understand your business and your requirement.
- Depending on the size of the invoices, the nature of your business and the location of your business we will introduce you to the spot invoice discounting lenders most suitable to help you.
- They will agree fees and prepayment % with you
- You will issue the invoice with an assignment notice on it ensuring your customer pays the spot invoice discounting company
- You will pay interest for the time the invoice remains outstanding
- You will undertake the credit control activity to ensue that the customer pays in a timely manner
If you are looking for a spot invoice discounting provider please contact Smart Factoring Quotes, we will be delighted to help you.
