Understanding Invoice Finance

What is the difference between Invoice Discounting and Invoice Factoring?

It’s time to cut through the jargon. Skipton Business Finance helps to explain the difference between the two main types of Invoice Finance, for those who are new to Invoice Finance.

At Skipton Business Finance, we’ve been supporting SMEs with our funding solutions for nearly two decades now.

We’re proud of what we do. We live and breathe it. But that means we’re so used to talking about Invoice Finance, we forget that not everyone talks Invoice Finance.

So, we would like to help - with a bit of jargon busting!

Should you look locally for a business funder?

This article originally featured in the March edition of the Lancashire Business View

BY JIM FUREY, REGIONAL DIRECTOR, SKIPTON BUSINESS FINANCE

With a local working capital provider by your side you’ll have the chance to form a meaningful partnership with someone that will stick by your business.

What is Discounting? - 10 Phrases to Help Understand Invoice Discounting

Finding yourself tripping over Invoice Finance terminology and need a clear explanation? Don’t worry, Skipton Business Finance is here to help.

In the world of Invoice Finance we use lots of technical terminology when it comes to describing the process. But although the jargon maybe unusual, everything that it specifies will be very familiar to you.

What is Factoring? - How to Talk Invoice Factoring in 10 Essential Phrases

You can walk the walk of your business but can you talk the talk of Invoice Finance? Don’t worry if not, Skipton Business Finance is here to help.

Like any industry we tend to use a lot of technical language that often flies over the heads of the layperson. Although it’s been argued that ‘jargon’ and business language is not all bad, it can be a little confusing.