Apply For Invoice Discounting Today
Up To 95% Advance Rates From 0.1% Free Trial Periods No Set Up Fees Get Funded In 24 Hours Confidential Facility
Apply in minutes, there’s no affect on your credit score and you can get a decision within 24 hours.
“I highly recommend any business looking to improve cash flow to speak to Terry and the team he has at Adept.”
“I highly recommend any business looking to improve cash flow to speak to Terry and the team he has at Adept.”
£250k+ annual turnover
Rates from 0.1%
Up to 95% advance
Confidential facility
We Make Invoice Discounting Easy
Our experts take all the stress and confusion out of applying for finance
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To get things started, share some basic information about your company and how much you’re looking to borrow with us. Applying does not affect your credit score.
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Our LoanTech decision engine will save you hours by telling you in minutes how much you can borrow and which lenders you can apply to.
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We discuss the available options with you and manage the application process through to completion. Funds can be available in as little as 24 hours.
What Is Invoice Discounting?
Are you fed up of waiting for your customers to pay?
Are lengthy payment terms and late customer payments putting pressure on you and your business, making it hard to keep up with expenses?
Invoice discounting dramatically improves business cash flow by releasing the funds that are tied up in your unpaid sales invoices.
Instead of waiting weeks for invoices to get paid, you can release up to 90% of the cash you are owed almost immediately.
How does invoice discounting work?
Invoice discounting is a financial solution where businesses use their unpaid invoices to secure immediate funds.
It allows companies to borrow money against the amounts due from customers, enhancing their working capital without waiting for invoice payments. The business retains control over its sales ledger and continues to collect payments from customers.
Upon receipt of these payments, the business repays the lender, typically along with a fee.
This method provides quick access to a large portion of the invoice value, improving cash flow and offering more financial flexibility, particularly useful for businesses with lengthy payment terms or needing rapid access to funds.
What are the Benefits of Invoice Discounting?
Fast Funding
No more waiting for customers to pay. You can access funding within 24 hours of issuing an invoice.
Improved Cash Flow
Keep on top of staff wages, supplier bills and HMRC with immediate access to cash.
Uncapped Growth
Flexible funding with no fixed upper limit, so you can scale your business quickly.
Protection
Customer credit checking and optional bad debt protection reduces the risk of bad debts.
Confidential
Your customers will not be aware that you are using this form of financing for your business.
Easy Access
No credit scoring or lengthy application process, get funding even if you have bad credit.
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Is Invoice Discounting right for my business?
Invoice discounting can be a good option if you need faster access to cash from your invoices. It’s ideal for B2B businesses with frequent sales and short payment terms. Consider if your industry is a good fit below:
Construction
Recruitment
Manufacturing
Wholesale
Printing
Transport
Security
Logistics
Couriers
Engineering
What Our Clients Say
Frequently Asked Questions
What is the eligibility criteria for Invoice Discounting?
Businesses seeking invoice discounting typically need to have a proven track record of reliable debtors and consistent sales. The eligibility may vary depending on the lender, but generally includes criteria like a minimum turnover requirement and a certain period of trading history.
Can Invoice Discounting affect customer relationships?
One of the key advantages of invoice discounting is its confidentiality. Customers are usually unaware of the arrangement, which means it does not impact the business’s relationships with its customers. The business continues to manage its sales ledger and deal directly with its customers.
How quickly can a business access funds through Invoice Discounting?
One of the significant benefits of invoice discounting is the speed of access to funds. Once the facility is set up, businesses can typically access the funds within 24 to 48 hours of raising an invoice, providing a rapid cash flow boost.
Invoice Discounting vs Factoring: What's the difference?
Invoice discounting is a loan against invoices, where the business maintains control of its ledger and collects payments. In contrast, invoice factoring involves selling the invoices to a factoring company, which then takes over credit control and collections.
Is Invoice Discounting regulated in the UK?
Discounting is not currently regulated by the Financial Conduct Authority (FCA). An industry-wide code of conduct is provided by UK Finance to ensure a fair service and integrity is provided for invoice discounting services.
What type of businesses use Invoice Discounting?
Invoice discounting benefits businesses at any stage in their lifecycle and in virtually any industry including manufacturing, construction, transport, recruitment and professional services.
Compare invoice discounting companies that specialise in your industry sector.
How do I choose an Invoice Discounting company?
Choosing the right factoring company for your business, on the best terms, is not easy. And getting it wrong can be very costly. It’s highly recommended that you let an experienced broker arrange a facility tailored to your specific needs and circumstances.
Is Invoice Discounting confidential?
Yes, invoice discounting is typically a confidential process. In this arrangement, the customers are usually unaware that their invoices are being used for financing. This confidentiality helps maintain normal business relations and keeps the financial dealings of the company private.
Can any business use Invoice Discounting?
Invoice discounting is generally more suitable for businesses with a substantial turnover and an established track record of reliable debtors. It is not always the best option for new businesses or those with a limited trading history, as lenders often require proof of consistent sales and a solid credit history.
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Prefer to talk? Call us on 0208 137 0105