Cross Border Invoice Discounting
What is cross border invoice discounting?
Cross border invoice discounting releases up to 90% of an invoice’s value within 24 hours of its issue whether it’s raised in the UK or abroad, releasing working capital to reinvest into other projects. You also retain control of your sales ledger management.
What are the benefits of cross border invoice discounting?
- Your business’ cash flow will be boosted by gaining access to capital that would otherwise be tied up in invoices.
- Cross border invoice discounting funders possess an expert knowledge of overseas invoice finance markets.
- The funders understand the language and culture differences, resulting in accurate credit checking of your customers which means the right level of funding for you.
- The cash released will be available in the favoured currency to avoid any exchange rate fluctuations.
- Overseas bank accounts can reduce the time and money traditionally spent accessing international payments.
Is cross border invoice discounting right for my business?
There is a range of funders providing cross border invoice discounting while finding the best fit for your business can be arduous. Hilton-Baird Financial Solutions will assess the international finance market and introduce the right options to meet your business’ cash flow needs.
Please call 0800 9774833 or email info@hiltonbaird.co.uk to find out more about how cross border invoice discounting can help your business.