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Ultimate Invoice Finance invoice discounting

Invoice Discounting services offered by Ultimate Invoice Finance are designed to help improve cashflow for all businesses whose turnover is over £100,000 and Ultimate Invoice Finance is able to consider applications from all types of business customers.

Ultimate Invoice Finance will also consider offering Invoice Discounting to new start-ups where the first year turnover is projected at £100,000 and above.
Taking Invoice Discounting facilities provided by Ultimate Invoice Finance will improve your business cashflow by freeing up cash from your invoices as soon as they are issued and protect the business from the threat of late payers or bad debts.

The advantages of Invoice Discounting for the business mean that the invoices act as security so there is often no need to pledge your personal or business assets, and Ultimate Invoice Finance’s Invoice Discounting facilities allow the business owner to react quicker to market opportunities whilst keeping control of their debtors.

Ultimate Invoice Discounting sensitively manage’s the business’s credit control and sales ledger, freeing up time by collecting payment from the customer. Ultimate Invoice Finance will advance up to 90% of the invoice value by the next working day, then collects the debt and the customer receives the balance less any charges. With Ultimate Invoice Finance supplying Invoice Discounting, they advance up to 90% of the invoice value by the next working day, then the business manages the debt collection and credit control.

The advantages of using Ultimate Invoice Finance for Invoice Discounting are many and varied, in line with all Invoice Finance Companies and Banks offering these kind of services. All offer similar Invoice Discounting services to a greater or lesser degree, with subtle nuances applying depending on the lender’s current attitude to risk, and interpretation of the prevailing market conditions as they apply to the different business sectors.

Ultimate Invoice Finance will therefore assess individual Invoice Discounting applications in the light of certain criteria, and to ensure its competitiveness, will offer Invoice Discounting facilities every bit as advantageous as those offered by its competitors, maybe with nuances around advance rates and charges to provide an all-important Invoice Discounting ‘USP’.

Ultimate Invoice Finance can be seen to offer comprehensive Invoice Discounting facilities that are of benefit to many businesses requiring improved cashflow.

Author: Tony Platts, Managing Director, First Factor Finance Limited , 28/03/2010