Up to 95% of the value of your unpaid invoices (your entire sales ledger)
Depends on the product and on your payment terms (e.g. 30, 60, 90 or 120 days)
A percentage of the invoice value (rate will vary according to your business profile, the lender and the length of the loan) plus set-up fee
Usually within 48 hours
To ease cash flow and to minimise late payment and debt
Smaller businesses with a minimum turnover (e.g. from $50,000) who want to keep their factoring arrangement confidential – some providers will work with new businesses
As you’d expect from the name, confidential invoice finance refers to all invoice discounting and invoice factoring facilities that remain confidential – your customers are not made aware that you’re using invoice finance.
If confidentiality is important to you, you might consider the three main types of confidential invoice financing:
UK
IRE
AU
CA
US
ZA
NG
yet? Register here!