Turn Your Invoices
Into Cash in Under
24 Hours with Best Invoice Discounting
What Is Invoice Discounting?
Invoice Discounting is a flexible and discreet way to unlock the value of your unpaid invoices, allowing you to maintain control over your credit management while still accessing the funds you need to keep your business running smoothly. At The Best Finance Group, we help you harness the power of your sales ledger, giving you the cash flow support you need without the need for external credit control.
The Benefits Of Invoice Discounting
Invoice Discounting can often operate on a confidential basis, meaning your customers remain unaware of the arrangement. You continue to manage all aspects of your invoicing and payment collection, giving you complete control over your financial operations. Invoice Discounting is commonly used by larger businesses or those with an in-house finance team, as it requires maintaining the day-to-day management of the sales ledger. Industries such as manufacturing, distribution and professional services often benefit from Invoice Discounting, especially when cash flow is critical to maintaining operations and funding growth.
How Does Invoice Discounting Work?
Companies create invoices after delivering goods or services, outlining payment deadlines.
These invoices are then submitted to a specialised invoice discounting lender.
The finance provider quickly advances a substantial part of the invoice value (typically 85%-90%), offering immediate cash access.
You continue to manage the credit control, often confidentially so yours clients are unaware of the lenders involvement.
Releasing the Remaining Funds: Once invoices are fully paid, the provider disburses the remaining funds to the business, deducting their fees.
This approach is advantageous for businesses dealing with late customer payments , as it unlocks early access to funds tied up in receivables. It offers a quick fix for working capital needs but requires attention to the provider's fees and agreement terms.
Tailored Invoice Discounting Services
Customised Invoice Discounting
Our Customised Invoice Discounting provides tailored solutions to suit your business's unique financial needs. Efficient invoice management and swift access to funds allow you to focus on growth while we handle collections.
Selective Invoice Discounting
Gain control with Selective Invoice Discounting, choosing which invoices to finance for targeted cash flow solutions. Ideal for managing seasonal demands or specific projects, this service offers flexibility and liquidity on demand.
Confidential Invoice Discounting
Confidential Invoice Discounting keeps your financing discreet, allowing you to manage your sales ledger and maintain normal client relationships. It's a seamless way to improve cash flow while handling collections internally.
Navigating the Latest Trends in Invoice Discounting
Explore how recent market changes are shaping the world of invoice Discounting, and what that means for your business.
Transform Your Business with Us
Discover how our Invoice Discounting services can help your business thrive and grow.