What is it?
A service that is designed for businesses with a typical turnover of at least £250,000 per year who wish to run their own sales ledger and credit management. Invoice discounting provides up to 95% of the value of the invoice straight away. You remain in full control of maintaining your sales ledger, credit control and collection activities.
Who is it suitable for?
- It is available for companies who trade business to business, offering goods or services on credit.
- Companies that have the necessary back office functions in place i.e. credit control and sales ledger management.
- Companies who are fast growing and will find a bank overdraft restrictive
How can it benefit my company?
Invoice discounting provides a flexible source of cash flow finance that automatically expands with sales growth. Invoice discounting companies allow the business to retain full control of its sales ledger and customer contact, and it will be a confidential service, thereby your customers do not know of its existence.
How can MCR Finance Brokers Help?
Our knowledgeable team is drawn from invoice discounting and financial backgrounds, which ensures our clients receive straightforward advice. We make sure our clients are introduced to the most appropriate lenders and we ensure they receive the best possible funding package at the most competitive rates.
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