Criteria
Confidential Invoice Discounting has become far more accessible to businesses in the past few years.
Many people still wrongly believe that Invoice Discounting is only available for larger businesses, which is a throw-back to the early days of Invoice Discounting when it was only available to Companies turning over in excess of £2m.
Over the past 2 to 3 years the turnover levels required have fallen dramatically to a level where even businesses turning over only £250k will be considered providing they can demonstrate their ability to successfully run their own sales ledger. In many ways the reduction in turnover criteria has mirrored the rapid growth in the number of Companies who have their own computerised sales ledger management systems.
Criteria Guidelines
The criteria listed below are only indicative and it is obviously at the sole discretion of the actual Discounters who provide the funding as to whether your individual business will be suitable to their requirements.
