Invoice Discounting or a Bank Overdraft ?
Bank overdrafts serve businesses well - that is a fact. We're not a company who will tell you otherwise.
However, as much as they serve businesses well, it's also a well known fact that the main problem with an overdraft is that it is repayable on demand and can be withdrawn at anytime. Also, the limit is usually fixed and, should more be required, you generally have to go through the whole application process again.
Now wouldn't it be nice if you could just phone up your Account Manager, explain why you need more funds, and get it authorised there and then?
With invoice discounting from Skipton Business Finance, this is actually possible.
- All of our clients get access to a Relationship Manager who will understand you and how your business operates
- Invoice Discounting can provide you more cash than an overdraft
- An Invoice Discounting facility will grow with your business
- There is no need to put up your home as security
- You retain full control of credit management