Invoice Discounting - Overdraft

Is it the case that no matter how hard you try to expand your business, your bank overdraft reins you in every time? You must be tired of constantly having to wait until cash flow improves or continually renegotiating your next overdraft facility ‘ceiling’ – it’s not exactly an approach that is conducive to growth, is it?

Most traditional finance facilities are granted on the basis of historic information, they cannot be sufficiently flexible to meet the future financing needs of a business.

By contrast, invoice finance works in partnership with your business to generate consistently higher levels of funding - even during less favourable economic periods. This is a dynamic, performance-linked source of funding, which automatically grows with your sales ledger. As a result, this innovative facility will always reflect your company's current position, not its past history.

Invoice Finance and Overdraft comparison table

	Invoice Finance	Overdraft
Debtor Balances Financed	Up to 100%	Up to 50%
Basis	Future sales	Existing assets and financial history
Charges	Fully explained	Often unclear
Relationship	Regular client contact	Annual review

Click here for your bespoke DiscountQuote or Contact Us