Case Study - Confidential Invoice Discounting For £15 Million Turnover Business
We deal with all sizes of customer and have seen companys with turnover ranging from single invoices of £5,000 to £250 million annual turnover. In a recent case, we were asked to find a Confidential Invoice Discounting facility (CID) for a business with an annual turnover of £15,000,000 per annum.
Confidential invoice discounting gives our customer finance against their unpaid sales invoices without the need to give up control of their credit control function. The arrangement is completely confidential such that debtors are unaware of the financing facility being in place.
Alternative Finance Quote
This particular customer already had a facility with a well known invoice discounting group but after some restructuring changes they decided to review their arrangement and look for a better deal. We found that for them in the form of a CID facility with a bank backed invoice discounting company that were able to improve their terms.