Invoice Discounting

If any of the following apply to your business, this service could meet your needs:

• Your sales are growing and you need to know that your cash flow will keep pace
• You have money tied up in the sales ledger that could be working harder for you
• You’re funding a major purchase or planning a management buy-out/by-in and want the sales ledger to help fund your working capital needs
• You want the sales ledger to fund your working capital needs
• You want to keep control of your sales ledger

Our Invoice Discounting facility could be suitable for businesses who:

• sell to other businesses on credit terms
• Have an actual or projected annual business turnover of £500k

Invoice Discounting is available to businesses that bank elsewhere as well as HSBC business customers. It can be used for international sales as well as UK sales.

Invoice Discounting releases cash from your invoices next working day. Here's a quick overview of how it works:

1. You provide the goods/services to your customers and invoice them as usual
2. You let us know the value of the invoices you raise
3. We advance up to 90% of your invoices' value by the next working day or sooner
4. You collect payment on our behalf when your invoices fall due
5. We make the remaining balance available, minus our agreed charges

The whole process can be managed online via HSBCnet.

For new enquiries

Call us on

0800 731 8939

Lines are open from 9am to 5pm Monday to Friday, excluding public holidays