What is confidential invoice discounting?
Confidential invoice discounting is a form of invoice finance that typically allows your business to access 90% of the value of your invoices 24 hours after they are raised to boost your business’ cash flow, without your involvement with the funder being disclosed to your customers.
Unlike some other invoice finance solutions, confidential invoice discounting lets you retain control of your sales ledger management, whilst invoice discounting companies provide the working capital that would otherwise be tied up as an asset on the balance sheet.
What are the benefits of confidential invoice discounting?
- Confidential invoice discounting is very flexible as the amount you borrow grows in line with your sales ledger.
- Invoice discounting companies release working capital upon the issue of the invoice rather than waiting up to or in excess of 90 days to be paid.
- The cash released through confidential invoice discounting allows you to satisfy your business goals and day-to-day operations.
- You retain control of your sales ledger management with confidential invoice discounting, enabling you to maintain customer relations.
Is confidential invoice discounting right for my business?
If you have sound accounting practises in place and would prefer to keep your credit control function in-house whilst ensuring your invoice finance facility remains undisclosed, confidential invoice discounting could be an ideal tool to boost your business’ cash flow.
Confidential invoice discounting solutions can be tailored to the needs of your business. As the UK’s leading invoice discounting broker, with access to over 70 lenders and invoice discounting companies, Hilton-Baird is able to effectively match your business’ funding needs to the right provider in terms of service levels, cost and culture.
To find out how we can assist, speak to one of our funding consultants on 0800 9774833 or email firstname.lastname@example.org. Alternatively, get an invoice discounting quote today.
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