Do you win business by offering favourable credit terms, only to find that this often has a negative impact on your cash flow?
Invoice discounting provides a valuable alternative form of short-term borrowing to increase working capital and improve cash flow. It allows a business to draw money against its sales invoices before the customer has actually paid.
PIA Financial Group is able to facilitate invoice discounting arrangements that can allow you to draw up to 85% of your outstanding sales invoices, with the remainder being passed on to you when the invoice is paid (less interest and a small fee). This can provide a very cheap way for your business to preserve its working capital and ease pressure on cash flow.
Invoice discounting can be used confidentially, allowing you to maintain those all-important client relationships.