Invoice Discounting is a form of Invoice Finance which allows businesses to immediately release cash tied up in unpaid invoices, allowing you to put cash straight back in the business as soon as it has been earned.
A lender can advance you up to 95% of the value of your unpaid invoices, with the cash typically made available to you within 24-hours.
When you raise an invoice you send a copy to both your customer and Invoice Discounting provider. The Invoice Discounting provider will then advance you cash against your unpaid invoices, typically this is between 80% – 95% of the invoices value.
Cash advanced by the Invoice Discounting provider will usually be in your bank account within 24 hours of receiving the invoice.
You retain control of your sales ledger and chase customers for payment as usual. You then pay the Invoice Discounting provider a service fee plus a percentage of the cash you have been advanced.
How much cash could you release from your unpaid invoices? Compare quotes instantly online to find out >>
There are typically two Factors used to determine the cost of Invoice Discounting:
Instantly calculate the cost of using Invoice Discounting by taking two minutes to fill out our online quote form. We collect the bare bones of information required and produce a quote at the end detailing rates and the amount you could release from your existing sales ledger.
Our aim at Touch is simple, to save you time and money by putting you in touch with the right lender.
No-obligation quotes are available through our quick and easy to use online quote form. Simply provide us with a few key pieces of information and we’ll be able to provide you with a tailored quote instantly.
We also have a team of experienced experts on hand to discuss your requirements and explore how we can help you grow your business.
Through over 60 years combined experience in the Invoice Discounting arena we have helped thousands of businesses grow by arranging the right finance to suit the needs of their business.
Visit our Case Studies
0207 001 9142
All of the customers in our case studies have been kind enough to share their experience of the service we provide.
"Very polite and a professional team of financial advisers who seem to know their business, work well within their industry and get a result."-Invoice Finance Introduction
We pride ourselves on our high service levels. Please see what our customers have to say about us through the independent review service, Feefo.