Invoice Discounting with ScotPac.
Flexible funding, your way
Your family home isn’t required as security
Facility grows in-line with your business
Funding arrangements remain confidential to your customers
What is Invoice Discounting?
A type of Invoice Financing, Invoice Discounting involves securing a line of credit by using unpaid or outstanding invoices as collateral. You receive a cash advancement on your outstanding invoices, meaning you don’t have to wait for slow or late paying clients that might restrict cash flow.
The key difference with this type of facility is that collections are still handled in-house and kept confidential. Invoice discounting is a great option if you don’t wish for your customers to know that you’re seeking financing on their unpaid invoices.
No property required
Grows with your business
Confidential working capital facility
Why ScotPac?We've been around for over 30 years, lending exclusively to SMEs. We uncover the hidden value in your business assets and make them work for you.
Who does Invoice Enquire Now
Invoice discounting is a form of invoice financing that is generally suited to SMEs that already have an in-house accounts receivables team. Businesses which qualify for invoice discounting will have a dedicated internal accounts department and a demonstrated ability to perform the full range of collections activities including calls, reminder letters and issuing monthly statements.
Some key industries we support:
For more information about how we can help your business, fill out an enquiry form or call us today.
HOW DOES IT WORK?
WILL MY CUSTOMERS BE NOTIFIED?
In most cases your cash flow funding arrangements will remain confidential, so your customers will not be aware. You will continue to manage your accounts receivable and collections.
WHAT DO I NEED TO APPLY?
Talk to one of our friendly Invoice Finance specialists the best cash flow solution for your business and what you need to apply.
Not sure if Invoice Discounting is right Learn more
for you? We offer other finance solutions
Call us to discuss how we can
finance your business 1300 505 883