Benefits of Invoice Discounting
- Easy and fast access to working capital that would otherwise be tied up in unpaid invoices.
- Improved cash flow for Suppliers to pay their own suppliers or invest in the growth of the company.
- Companies are not subjected to long-term, high-interest repayment agreements.
- The invoice discounting application process is usually much simpler and quicker than applying for a bank loan.
- Invoice discounting is usually confidential, so the Buyer never knows that the Supplier has borrowed from a third party.