Invoice discounting case history
invoice discounting enquiries
continue to increase and
some of them have been more unusual
than normal including the
following:-
The UK subsidiary of an American
company with a turnover of $300m
sold most of their products on 30
day terms but were in a position to
sign a substantial contract to
supply a large European company if
they were willing to sell on 120 day
terms. Most factors aren’t happy
with a single debtor and even less
so if that debtor is overseas and
wants lengthy terms but suffice it
to say that the legal agreements for
a an invoice discounting facility
for one overseas customer are being
drawn up at this moment.
Invoice
discounting is currently being used
by almost 14,000 companies
generating combined turnovers of
nearly £115 billion and it is this
method of invoice finance that is
experiencing the most growth at the
moment. Our reservations about the
activities of some invoice
discounters are as valid as in
factoring and we would be grateful
if you could click on the link to
see our areas of concern about
invoice discounting
Trade Finance is an area of business funding that co-exists alongside bank overdrafts, factoring and
invoice discounting providing specialist finance to facilitate trade and you
can read more about the types of
facilities that we can arrange by
clicking on the link for
trade finance pages
Factoring Invoices
UK
5 Torridge
Tamworth
Staffs
B77 5QL
Tel : 01827 707680
|