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.