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Why Invoice Discounting


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Invoice discounting is one of the fastest growing financial services for businesses worldwide. It is a highly flexible, cost-effective and proven way to help finance your business, manage your cash flow and fund your expansion plans all at the same time. Complete confidentiality is always ensured. Unlike factoring, you retain full control of your credit and debt collecting procedures, so your customer will never know you are using an invoice discounting service.

What Is Invoice Discounting?

Invoice discounting is a process to convert your trade debtors into immediate cash. Unlike factoring, you retain full control of your debtors' ledger ensuring total client confidentiality.

Cash Resources can provide a cash advance of up to 80% of your outstanding invoices within 48 hours of your application and will refund the remaining 20%, less fees, as your debtor makes payments. And your customer will never know. Total confidentiality is assured on all transactions.

 
TESTIMONIAL

"Due to tender commitments, we were conscious of ensuring our manufacturers' cash flow was not compromised so the invoice discounting facility worked brilliantly for us. We find it a cheap form of finance. It is confidential and really suits our type of business and has enabled us to already retire some previously incurred debt. Invoice discounting is a great service. I simply send through copies of the invoices and up to 80% of the money is in our account two days later."

Stan McCloud, Owner, MacMed Healthcare.



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