Invoice Discounting
This solution is similar in nature to factoring.
We provide an immediate injection of cash into the business and
an ongoing supply of working capital. Sales invoices and credit
notes are transmitted to Invoice Discounting who will then convert
up to 80% of unpaid invoices into cash within 24 hours, less a
small service fee. The remaining 20% will be paid to you once your
customers pay.
Your annual turnover must exceed £ 1 million per annum and you
must be trading profitably.
Key features and benefits of factoring
- Provides an immediate cash injection for your business
- Eliminates the need for funding as your business expands
To see how working with Halo can benefit your business call 0845
450 1966.
Please contact
us for more details