Office worker

Looking for a new Invoice Discounting facility?

Businesses may consider changing Invoice Discounting providers for many reasons. Perhaps restrictions on an existing finance facility from a bank or other provider is preventing your growth. Your relationship with a provider may have broken down or you simply want to find a better deal.

Whether you’re weighing up your options or are ready to switch Invoice Discounting providers, it’s important to be clear about what you want.

Of course, the bottom line is always important, so you should ensure you’re clear about the charges which apply to an Invoice Discounting facility. But there are other important factors to consider – can a prospective provider demonstrate a genuine belief in your business? Do they have relevant industry experience and expertise? Are they financially strong enough to support you?

You need an Invoice Discounting provider who supports your ambitions and unlocks your potential. Find out about Bibby Financial Services or get in touch and find out what we can do for you.

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Quickly convert your sales into cash

Features and benefits of Invoice Discounting with Bibby Financial Services

Our Invoice Discounting Ireland facility lets you release more funds than traditional sources of finance. As your sales grow, so too will the amount of funding you can access.

Our partnership with the Strategic Banking Corporation of Ireland ensures we are competitively priced. And our flexible service when it comes to prepayment levels and debtor concentrations makes us an attractive alternative to traditional finance options.

Here are some more key features and benefits of our Invoice Discounting solution:

Features

  • Immediately release up to 90% of the value of your invoices
  • The funding grows in line with your turnover, unlike overdraft facilities which are fixed against security pledged
  • 12 and 24 month contracts
  • Domestic and export financing
  • All major currencies supported
  • Credit control expertise available
  • Access to optional Bad Debt Protection
  • Manage your account 24/7 with our Client Online service
Learn more about Invoice Discounting

Benefits

  • Discounts: Our partnership with the Strategic Banking Corporation of Ireland means we offer discounted services to qualifying businesses
  • Speed: access to funds within 24 hours so you can meet your payment needs
  • Control: you maintain the relationship with your customer by managing your own credit control and sales ledger
  • Personal: we provide a more personal service through a dedicated relationship-based approach
  • Convenience: you can check you funding at all times with our 24/7 Client Online service
  • Security: you can protect against customer insolvency with our Bad Debt Protection option
  • Confidentiality: our confidential service means we won’t disclose you are using an Invoice Discounting facility

food industry

Confidential Invoice Discounting

If you don’t want your customers to know how you’re funded, or if you would prefer to keep your credit control function in-house, we can offer confidential invoice discounting.

This means we do not disclose to your customers that you are using an Invoice Discounting facility and you maintain the relationship with your customers.

Ask about our available options

Invoice Discounting case study

We were chosen by leading global healthcare recruitment company TTM Healthcare Group to help fund their rapid growth. The business, which has its HQ in County Clare, needed access to immediate funding to meet growing demands and to take on new clients.

Our expert understanding of cash flow needs of recruitment businesses meant we could quickly structure a confidential Invoice Discounting facility to support their growth over a 10-year period.

Read the full case study

I would have no hesitation recommending Bibby Financial Services. They have a clear understanding of our business and strategy for growth. BRAIN CROWLEY, FOUNDER AND CEO OF TTM HEALTHCARE

Office workers

It’s easy to switch your Invoice Discounting facility

Once you contact us, we will work with you to make sure you get the funding you need. The complexity of your business situation will influence how quickly we can set up your Invoice Discounting facility. However, we can generally set up a facility in a matter of days.

Unlike more traditional forms of financing, such as bank loans, we can be incredibly flexible and set up your facility as soon as you complete and return the necessary paperwork.

We will clearly explain the cost which will be calculated based on the services you wish to use as part of any agreement.

Find out more about how we treat our clients in Our Service Promise or get in touch today to discuss your requirements.

 

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