Invoice Discounting supports cashflow by allowing your business to release up to 90% of its outstanding invoices. Discounting is a great tool for businesses who offer payment terms by allowing them to be paid, by the lender, on day one. This frees up cashflow for running costs and additional projects, and removes the concern of not knowing when invoices will be paid. ​

Unlike Factoring, a discounting provider will not contact your customers and the credit control completely stays with you and your business. Your customers will pay into a trust account, which is a separate bank account created in your business name but essentially looked after by your finance provider. When your customer pays you will then receive your remaining balance.