Invoice Discounting - Funding for strategic growth

Introduction
The benefits of invoice discounting
How invoice discounting works

At any stage your company will have money owing to it for goods or services that have already been delivered to your customers.  

Invoice discounting allows you to release the value of funds tied up in invoices outstanding by converting your trade debts into cash. This is achieved by assigning the value of your trade debts to Enterprise Finance Europe, in return for between 75% and 90% of the total invoice value, receiving the balance, less service charges, when your customer pays.  

The percentage of the total invoice value you receive upfront, known as the prepayment rate, will vary depending on the quality of the debt itself, defined mainly by the credit worthiness of your customer, the quality of the proof of debt, or on the robustness of your business proposition and strategy.  

Availing of invoice discounting not only provides you with funding that grows in line with your sales, the facility can also be undisclosed to your customers through confidential invoice discounting (CID). You manage your own sales ledger, credit control and customer interface, with no reference to our funding relationship.

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