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Invoice Discounting

If you want to continue collecting payment from your customers, but would like funding support, then Invoice Discounting is for you. With Invoice Discounting, you continue to collect your own payments, but we fund up to 90% against your outstanding invoices. We know that particular industries have particular Invoice Finance needs, so this service can be tailored to support the individual needs of your business.

How does it work?

  • Invoice your customer as normal
  • Send us a copy too and we will advance you up to 90% of the invoice value within 24 hours
  • You continue to chase payment of the invoice
  • Once your customer pays, we send you the remaining amount minus our fees

How will Invoice Discounting benefit my business?

  • You keep and maintain your relationships with your customers
  • You chase your invoices yourself so you always know when they are going to be paid and when there are problems looming with particular customers
  • You get up to 90% of the value of each invoice within 24hrs, unlike the time you have to wait for your customers to pay you
  • You get funds much faster so you can run and grow your business by buying the goods you need to fulfil the latest order you’ve received
  • Our funding grows with your business, so as you take on new customers our funding increases
  • If you want to protect yourself in the event of a client defaulting on an invoice then you can take advantage of our Bad Debt Protection. To find out more check out our guide to Bad Debt Protection.
  • Guaranteed working capital means you’ll be able to plan and negotiate better terms with your suppliers, e.g. early discounts because our funding will allow you to pay for goods earlier
  • You can offer extended payment terms to certain customers if needed because you have guaranteed cash flow
  • You can keep the relationship confidential so your customers don’t know we’re involved

Why Choose Bibby Financial Services?

  • You'll find we are not like other Invoice Discounting providers. We have the experience and expertise to fund a diverse range of industry sectors that others don't have the appetite for
  • We will tailor our services to support the individual needs of your business
  • We can fund your export invoices within the facility and with the same team so you don’t have to deal with different offices for different invoices
  • We can fund businesses that export 100% of their goods or services
  • We can keep your financial arrangement with us private through our confidential service
  • We make fast decisions, so you can move quickly when you need business funding
  • You will receive your own dedicated relationship manager and client services executive to look after your Invoice Discounting facility
  • You will remain in control with live online account information available to you 24/7

Like to know how Invoice Discounting could help your business? Call free on 0800 91 95 92 or complete our enquiry form