What is Invoice Discounting?

Invoice Discounting is a flexible funding solution for businesses wanting to release the value of their outstanding invoices.

Instead of having to wait months for your debtors to pay, Invoice Discounting provides you with up to 90% of their value immediately.

Having reliable cash flow means you’re ready to invest in your business and take on new opportunities straight away.

Switching Invoice Discounting provider?

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Invoice Discounting vs Factoring

Invoice Discounting and Factoring are the two types of invoice finance products. The biggest difference between them being who collects the customer payments.

Invoice Discounting is similar to Factoring in that it gives you access to cash as you issue new invoices. However, a key difference is that you’ll be responsible for collecting your payments. This means your use of an Invoice Finance product will be kept completely confidential from your customers.

Download our guide to Invoice Finance

How Invoice Discounting works

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Invoice your customers

And send us a monthly summary of your sales

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We pay up to 90% of the value of your invoice

Within 24hrs, allowing you to pay your staff, suppliers and take on new orders

Telephone contact

You collect your invoices as usual

Allowing you to maintain the relationship with your customers

Payment

We pay you any remaining balances

Minus any agreed fees


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Who could benefit from Invoice Discounting?

Invoice Discounting is a popular choice of financing among ambitious and thriving businesses of all shapes and sizes.

From smaller start-ups, to larger corporate organisations, fast and flexible Invoice Discounting is helping to fuel their growth.

It can even help businesses which are facing financial challenges. These could be due to cash flow issues or problems in securing traditional financing such as bank loans. Contact us to discuss your needs

Invoice Discounting client case study

Recruiters, an Irish recruitment consultancy, turned to Bibby Financial Services when they needed flexible and reliable funding to support business operations during a period of growth.

The Invoice Discounting funding solution has improved cash flow and allowed Recruiters to focus on growing the business.

Watch Gerard Doyle, co-founder of Recruiters, explain the difference it has made to the business.

Read the full case study

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Is your business suitable for Invoice Discounting?

Your business could be suitable if you:
  • provide goods and services to other businesses
  • issue your customers with credit terms of between 30 and 90 days
  • have good credit management and control reporting tools in place
Read our Invoice Discounting FAQs

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Why choose Invoice Discounting with Bibby Financial Services?

We have over 35 years of experience supporting businesses. You will be partnering with an international business which operates across 10 countries throughout Europe and Asia.

Our Invoice Discounting solution provides fast and flexible access to financing as well as the support of our expert team dedicated to providing you with the best possible service.

Read more about our Invoice Discounting product or if you’re ready to take the next step then get in touch today.

Request a quote