We go further to help support businesses

Clydesdale Bank can provide immediate access to cash tied up in working capital to ensure your business plans stay on track. Whereas most Invoice Finance terms allow you to access up to 90% of your owed sales, we can go further. Our Confidential Invoice Discounting facility can allow you real time access to up to 100% of your debtors.*

*Funds are available immediately when invoices are raised in Sterling, notified to us through Invoice Finance Direct by 4pm and drawn to a Clydesdale Bank or Yorkshire Bank trading account. Minimum amount £50,000. The maximum funding limit will depend on your individual circumstances and will be reviewed by your relationship manager. Terms and conditions apply. All facilities are subject to status and eligibility. Applicants must be 18 or over.

Why consider Invoice Discounting?

When looking for sources of finance for a business, Confidential Invoice Discounting is an attractive option. It offers a flexible solution for companies who want to strengthen their cash flow by releasing cash tied up in unpaid invoices, typically one of the biggest untapped assets in business, without having to give up control of customer relationships or credit control processes. By accessing the value in your invoices before you receive payment from your customers you can shorten the payment cycle, helping your business keep its finances moving. It will also help to maintain operating cash flow through fluctuating trading cycles whilst waiting for payment from customers with longer payment terms or those who pay late.

Who is it for?

Invoice Discounting is well suited to most companies that trade on credit, have overheads, are currently growing, have plans to expand, or are restructuring to position themselves for growth. By releasing your working capital at a time when you need it most it allows you to focus on growing your business and making it a success.

What are the benefits?

• A flexible solution that mirrors the trading cycle of your business
• Release the cash locked up in your sales ledger, one of your most significant business assets
• Typically the only security that is required is your sales ledger
• Gives access to working capital which could help accelerate growth
• Accelerated cash flow to help take away some of the worry of late payments
• Enhance supplier relationships by paying earlier in return for greater discounts
• Optional credit protection to protect against the risk of non-payment (fees apply)
• Your customers won’t know and you keep control of your customer relationships and credit control

Common misconceptions

• Only failing businesses use this service
• It’s just a last resort to support cash flow
• It’s too complicated