Best Value Commercial Invoice Discounting
Best Value Commercial Invoice Discounting facilities generates funding against the sales ledger in much the same way as factoring.
With considerable experience in the Sales Ledger Finance industry, and links with most of the sales ledger finance providers in the UK, Sterling Capital reserve are able to find the right facilities for our clients.
Choosing the right facility and the right factor for your business can be a daunting and time consuming task
Best Value Commercial Invoice Discounting facilities generates funding against the sales ledger in much the same way as factoring. The main difference is that the company retains responsibility for chasing their own ledger. This type of facility is available to companies that have excellent audit trails, and can demonstrate the ability to collect the debt in-house.
Many companies prefer Best Value Commercial invoice discounting because it enables them to maintain their existing relationships with their customers, as well as being cheaper in terms of the service charge involved. For those companies who do not wish for their customers to know of a third party involvement, a Best Value Commercial Confidential Invoice Discounting facility is the best option.
To complement the Best Value Commercial invoice discounting facility, a number of funders will also look at other assets within the business with a view to providing additional funding against plant and equipment, property and stock. This Asset Based Lending as it is known, can be particularly useful to fund seasonal stocking requirements, or to provide increased leverage in the short term to effect management buy outs.
Costs:
Best Value Commercial Invoice Discounting Service charge: Generally cheaper than factoring because you are managing your own sales ledger, the charge may vary between 0.1% and 1.5% of turnover. A minimum annual charge may be imposed.
Best Value Commercial Invoice Discounting Discount rate: Ranges between 1.5% and 3% over base, payable only on funds in use.
Enquire Online
Use our Online Enquiry Form on the right hand side of this page or Contact Us on 0844 4144 378 and let our professional team find you a competitive Best Value Commercial Invoice Discounting Deal.
© 2012 : Sterling Capital Reserve Ltd
Sterling Capital Reserve Ltd
Sterling House, 10 Wheatcroft Business Park, Landmere Lane, Edwalton, Nottingham NG12 4DG
Tel: 0115 984 9800 Fax: 0115 921 5550
ANY PROPERTY USED AS SECURITY, INCLUDING YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
EARLY REPAYMENT CHARGES APPLY. A BROKER FEE MAY APPLY.
Web Design Nottingham by Whatever Enterprises