The ASC Blog
What is Invoice Discounting?
When a business is faced with a shortfall of working capital and requires some funds to help improve their cash position, one possible solution is invoice discounting.
The way in which invoice discounting works, is that a business can draw money, secured against sales invoices which have been issued, but have not been paid. This means that the borrower has access to the funds quicker than normal, and is therefore able to use the finance earlier than otherwise. The lenders usually take a percentage of the invoices as a fee.
So is invoice discounting right for your business?
Well that depends on the nature of your business and what you are looking to do. For any organisation, any type of commercial finance is a bespoke process. The type of finance which is right for you and your business might be very different for another. Which is why at ASC Finance for Business, we arrange an in depth discussion with each business looking for finance, to help understand which finance is right for them, and how best to proceed in applying for finance.
We focus on arranging finance for your business...
so you can focus on running your business
We work in the way which works best for you