Invoice finance
Grow, acquire or help to ease your cash flow
When your business needs cash – for ambitious expansion plans, an acquisition or simply to improve cash flow – invoice finance could be the right choice.
By freeing up the value in one of your most valuable assets – your sales ledger – you can start planning for even greater success.
Find out more
Here you’ll find a brief overview of our services. As we are part of the RBS Group, these are provided by RBS Invoice Finance. You can read more on the RBS Invoice Finance website.
Keep full control over your sales ledger
The beauty of invoice discounting is that your customers need never know the arrangement is in place. And all the while you gain the business benefits you’re looking for.
How invoice discounting works
You simply issue invoices and collect payments as before. In fact, you keep full control of your entire sales ledger.
However, there is one important change – you can access up to 90% of the value of invoices when we receive them, funds you can usually put to work the next working day.
And the rest? You receive this – less our charges – when your customer has paid their invoice in full.
Is invoice discounting for you?
The service is designed for larger businesses - with sound credit control and sales ledger procedures.
Making life easier
Invoice discounting should be about reducing the burden on your business. That’s why we created FacFlow – a tool to help you submit invoices, drawdown payments or generate reports.
Asset based lending – working in tandem with invoice discounting
Put an invoice discounting facility in place, and you could raise funds against other assets. These could include stock, plant, machinery and property – offering the working capital you need to succeed.
Bad debts – something every business needs to face
Has one of your clients ever become insolvent? If so, you already know the consequences. Bad debt protection could be the answer.
Contact RBS Invoice Finance
With specialists throughout the UK, contact RBS Invoice Finance now to arrange a visit, and a bespoke quotation.
Leave your sales ledger management to us
Tracking down late payers. Starting legal procedures. How much time and effort is your business putting into running its sales ledger?
With invoice factoring, it’s all done for you.
However, the reduction in admin is just one of the benefits. We also release up to 90% of the value of each invoice within 24 hours of it being raised, usually on the same day, which means you can make your money work now, not in 30 or 60 days’ time.
We pay the remaining balance - less our fees – when your customer pays the invoice.
A sensitive and effective approach to late payment
With invoice factoring, you’re still completely in control. So we make sure you’re aware of our approach to contacting late payers – including how often we contact them.
And then there’s the benefit of having us working on your behalf – our expertise and reputation go a long way.
Making life easier
Invoice factoring should be about reducing the burden on your business. That’s why we created FacFlow – a tool to help you issue invoices, drawdown payments and generate reports.
Bad debts – something every business needs to face
Has one of your clients ever become insolvent? If so, you already know the consequences. Bad debt protection could be the answer.
Contact RBS Invoice Finance
With specialists throughout the UK, contact RBS Invoice Finance now to arrange a visit, and a bespoke quotation.
Unlock the value in your stock, plant and more
Like many businesses, you may have significant amounts of stock, plant, machinery or property on your balance sheet.
If that’s the case, you could convert these valuable assets into cash, with a facility that works alongside your invoice discounting agreement.
Stock – free your business from capital constraints
When a business has to hold significant quantities of stock, there’s usually pressure on working capital.
Designed to be more flexible than traditional lending products, it can also smooth over seasonal fluctuations in cash flow. Asset based lending could also help you raise more credit than traditional lending options.
How asset based lending could work for you
An asset based lending facility eases cash flow by leveraging your inventory and other business assets. These can include plant and machinery, equipment and property. We will work with you to decide which sources and mixes of funding would work best.
Find out more
You’ll need to have an invoice discounting agreement in order to set up asset based lending. Simply visit the RBS Invoice Finance website to get in touch, or complete the quick quote request and one of our team will contact you.
Mitigate the impact of bad debt
Sadly, many businesses go into formal insolvency every week. If this happens to one of your customers, how would your business cope?
It’s often very difficult to recover debts from insolvent companies – which is why you might want to consider our bad debt protection service.
Protecting your interests
Bad debt protection has one simple aim – to protect your business from the formal insolvency of a customer.
Without the protection, your business would have to repay any funds we’ve provided against an insolvent company’s outstanding invoices.
Credit checks – the first line of defence
The better you know your customers, the easier it is to reduce your risks. So it’s good to know that invoice discounting and factoring - when taken with bad debt protection - come with automatic credit reference checks and credit limit analysis. It’s all designed to help your business avoid tricky situations to begin with.
