Disclosed Invoice Discounting from Skipton Business Finance

Disclosed Invoice Discounting from Skipton Business Finance

What is disclosed invoice discounting?

Invoice Discounting is a type of invoice finance that provides a business with enough cash to fund its working capital requirements. Disclosed invoice discounting works in much the same way as a confidential facility, however the funder's involvement is disclosed to clients. While invoices will refer to the fact they have been assigned to an invoice finance provider, customers pay the invoice finance provider directly.

The improved cash flow that invoice discounting offers can enable a business to buy more competitively from your suppliers by obtaining early payment discounts.Invoice discounting funding can grow in line a businesses turnover; the more it invoices, the more funding is available. Most invoice discounting facilities are kept confidential from a business’s customers. An Invoice discounting facility can either operate on a Confidential or a Disclosed basis.

The current late payment culture can cause lots of misery and pain as businesses face an agonizing wait to get paid for work completed weeks or months ago.

With a Disclosed Invoice Discounting solution from Skipton Business Finance, we will advance you up to an agreed percentage of the value of your unpaid invoices. You then keep fill control of your sales ledger and credit control although your clients will be aware of our involvement.

What does Disclosed Invoice Discounting mean?

Disclosed Invoice Discounting works to advance cash against your unpaid invoices and put the cash you've earned straight back into the business, whilst allowing your credit control function to act as normal.

With this solution, there is a disclosure notice on all the invoices you supply to your customer which informs your customers of our involvement in the process.

The improved cash flow that invoice discounting offers can enable a business to buy more competitively from your suppliers by obtaining early payment discounts.Invoice discounting funding can grow in line a businesses turnover; the more it invoices, the more funding is available.


How do Disclosed Invoice Discounting facilities work?

Here at Skipton Business Finance we truly believe that cash flow is the lifeline of any business. That's why our Disclosed Invoice Discounting solution can provide up to 90% prepayment against the value of your unpaid invoices, with the remaining balance being payable when your customer settles the invoice.

Why use Skipton Business Finance for your Disclosed Invoice Discounting?

Our experienced team adopt a commercial approach to underwriting, putting your people and business at the forefront of our decision-making process. We never use a system-style scorecard and each decision we make to fund a business is based on the individual merits.

And the benefits don't stop there. When you become a client of ours you'll be pleased to know that we boast an extremely low client-to-staff ratio meaning that you always get direct access to the decision makers. Our specialised Relationship Managers can also offer you the time and focus you need to help ensure you get the most out of your facility with Skipton Business Finance.

We are also proud to be part of the Skipton Building Society - the fourth largest building society in the UK.

Contact us today & get a FREE quote!

If you need an Invoice Factoring solution or an Invoice Discounting facility then look no further than Skipton Business Finance.

Backed by Skipton Building Society, one of the largest financial establishments in the UK, means we have funds ready to lend to businesses up and down the country.

If you would like a no-obligation FREE quote, please get in touch by ringing us on 0800 0854150 (call 0330 1232437 if ringing from a mobile).

You can also email us at info@skiptonbf.co.uk.        

Or why not utilise the handy form on the right and we'll call you back!


Find out more

At Skipton Business Finance, we offer the following types of Invoice Finance:

4 reasons to choose us:

  • Our funding decisions are made by humans, not computers
  • We are a Skipton Building Society Group Company
  • You retain full control of your credit management
  • We ensure your facility is the best one for your business!