Businessman using Invoice Factoring

What is Invoice Discounting

Free up the capital in your unpaid invoices

Invoice Discounting allows SME businesses like yours to release cash against outstanding customer invoices. It differs from Invoice Factoring because you retain the responsibility for collecting payments from your customers. For many of our clients, this is important so they can maintain existing relationships with key customers.



Invoice Discounting explained

To show you how invoice discounting works and how it can help your business, watch our jargon-free explanation and download our Guide to Invoice Finance which covers both Invoice Discounting and Invoice Factoring.

Download A Guide To Invoice Finance

How does Invoice Discounting work?

Icon Sent

Invoice your customer

Raise your invoice and upload the details using our secure online portal

Icon Percentage

Access your funds

You will be able to access your funds, usually within 24 hours

Contact

You collect payment

Allowing you to maintain your relationship with your customers

Payment

We pay you the balance

Less any fees we have agreed with you


Office People 7

Can Invoice Discounting help my business?

Designed to help businesses grow

Ideal for businesses who face cashflow challenges or want to finance growth, Invoice Discounting can fill the gap of up to 90-days between raising a customer invoice and being paid. By releasing that cash quickly, you can manage the day-to-day activities of your business and plan for growth with a sustainable cash flow that builds working capital.

Invoice Discounting, like Invoice Factoring, is flexible because this funding model matches the performance of your business. Based on your invoices, this means you will not struggle with high fixed repayments as you would with a loan or credit card and, on the flip side, your funding won't hold you back when your business growth accelerates.

If your business wants to manage its cash flow and build working capital, apply today if you:

  • Provide goods and/or services to other businesses
  • Issue your customers with credit terms of between 30 and 90 days
  • Have strong credit management and control reporting tools
  • Can demonstrate a capable management team
  • Have been financially viable for a minimum of six months
Apply today

Invoice Discounting key facts

Key features of Invoice Discounting and the benefits you can get working with the UK's leading alternative business finance provider. Bibby Financial Services has been helping businesses grow for over 30 years.

FEATURES

  • Release up to 100% of invoice value within 24 hours
  • Get cash against the value of your invoices as they are raised
  • The funds you can access grow in line with your sales
  • Flexible rolling contract (30-day notice period)
  • Continue to liaise with your customers for payment
  • Manage your account 24/7 via our secure Client Online portal
  • Quickly and securely share monthly information via our secure Client Online portal
  • Completely confidential process
  • Optional Bad Debt Protection

BENEFITS

  • Speed: access to cash within 24 hours to meet payments or make important purchases
  • Control: you maintain the relationship with your customer because you manage your own credit control and sales ledger
  • Personal: we get to know our clients who value our relationship-based approach and our Service Promise
  • Convenience: you can check your funding at any time via our secure 24/7 Client Online portal
  • Security: protect against customer insolvency with Bad Debt Protection
  • Confidentiality: your customers will never know that you are using us

BFS really got to understand our business and this is what sets it apart from other finance companies. Its tailored approach to funding is very much in keeping with our own philosophy as a business, making it the perfect business partner as we strive to grow the company further. ROGER PHILLIPS, Managing Director, CAPITAL VALLEY PLASTICS