Debtor Finance
- As your business grows the facility grows with it
- Unlike a traditional bank overdraft, there is generally no need for security
- It is a standalone facility
- It helps you grow your business and increase purchasing power through improved cash flow
- There are no capital repayment requirements
- You invoice your client directly, and upload the invoice to a debtor finance at the same time. Within 24 hours they will pay 80% of the value of approved invoices, less fees. The remaining 20% becomes available when the invoice is paid in full
- Cost % of invoice eg 0.5%
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