"INVOICE DISCOUNTING

This facility is ideal for established businesses that wish to concentrate on growing their sales whilst maintaining control of their sales ledger and collections activity.

SBF will advance up to 90% of the value of each sales invoice within 24 hours with the balance less charges becoming available when your customers payment is received.

For a confidential facility your customers will not even be made aware of our involvement and you simply advise us of the value of work invoiced on a daily/weekly basis.

The majority of our invoice discounting clients take advantage of the Skipton Link on line facility that allows you to transfer funds direct into your current account at the touch of a button. Invoice discounting facilities can be put in place inside 5 working days and there is no need to change your existing banking arrangements.

Unlike many invoice finance companies SBF do not have specific turnover or net worth criteria that must be met to qualify for an invoice discounting facility. All that we ask is that your business has the administrative capability to collect the ledger in a timely manner and maintain an accurate and fully up to date sales ledger.

Invoice discounting is currently used by 55% of our current client base.