- 21 May
Deal Completed - Confidential Invoice Discounting
Another invoice finance deal completed - this time we found Confidential Invoice Discounting (CID) for a Printed Circuit Board (PCB) and Cable Assembly supplier. We were pleased to be able to find them a cheaper CID facility that was also more straight forward than their existing facility.
Confidential Invoice Discounting provides funding against the outstanding unpaid sales invoices of your business but allows the business to maintain their own in-house credit control function. With a Confidential facility there isn't even an assignement clause on the invoices so the customers are not told that our client is using an invoice finance facility.