Services
Invoice Finance
Invoice finance helps your business access funds tied up in unpaid invoices. With B2B trading, businesses often trade on credit terms, and it can take a while to get paid.
By utilising invoice finance, you can eliminate this waiting period of 30, 60, or even 90 days. Instead, you can access the necessary working capital on the same day you issue an invoice.
Invoice finance is a form of asset-based lending designed to boost your cash flow. At Recruso Finance, we recognise the value of a sales invoice as a company's most valuable asset.
Take Control Of Your Cash flow
Invoice Finance Services
Invoice Factoring
One key feature of an invoice factoring facility is that it includes credit control.
Invoice Discounting
Invoice discounting is also known as confidential invoice discounting or CID.
What Is Invoice Factoring?
Invoice factoring is a helpful service in the invoice finance industry. Just like other invoice finance options, factoring lets you access cash from your unpaid invoices. The great thing about invoice factoring is that it takes care of credit control for you. This means you can save time and money because you don't have to chase your clients for payment anymore.
How Does It Work?
Invoice factoring is a simple solution that lets you access up to 90% of the total invoice amount on the same day you send it out. It's perfect for businesses that need cash quickly and don't have time to chase after payments. Here's how it works:
You send your invoices to your clients as usual and also to the invoice finance lender.
The lender releases up to 90% of the invoice value right away.
The lender takes care of credit control and follows up on payments when they're due.
Once your client pays, the remaining 10% is paid to your business, minus the lender's charges.
That's all there is to it. It helps you get the funds you need without the hassle of chasing payments.
What Is Invoice Discounting?
Invoice discounting, also called confidential invoice discounting or CID, is another option in invoice finance - you can get cash from your unpaid invoices. It's kept confidential, so your clients don't need to know you're using this service. You're in charge of credit control, and there's no lender's notice of assignment on your invoices. It's a discreet way to manage your cash flow without revealing your financial arrangements to your clients.
How Does It Work?
Invoice discounting is a straightforward way to access cash quickly. With this option, you can get up to 90% of the total invoice amount on the same day you send it. It's perfect for businesses that need cash flow but want to keep it confidential from their clients. Here's how it works:
You send your invoices to your clients as usual and also share a copy with an invoice finance lender.
The lender releases up to 90% of the invoice value right away.
Your business takes charge of credit control and follows up with clients for timely payments.
Once your client pays, the remaining 10% is paid to your business, minus the lender's charges.
It's a simple process that helps you manage your finances on an undisclosed basis.
Tailored Finance Services
Our facilities are completely tailored deals based on the shape, needs and ambition of your business. Get in touch today to see how we can help you.