They offer similar benefits giving you straightforward and almost instant access to the funds your business requires. Invoice discounting and factoring use your debtors as a security whilst asset based lending uses your inventory or other assets. The amounts the financiers can offer are typically much larger than most businesses can secure on overdrafts.
| WHO IS IT FOR | FACTORING (Business looking to outsource all invoicing) | INVOICE DISCOUNTING (Larger businesses with sound administration) | ASSET BASED LENDING (Businesses with cash tied up in physical assets) |
|---|---|---|---|
| Immediate cash injection of upto 90% of the value of your unpaid invoices |  | |  |
| Unlock the cash value of inventory, capital equipments and other assets |  | | |
| Your clients/customers don’t need to know you are using the service | | | |
| Your financier collets payments for you. The full sales ledger service | | | |
| Funding grows with your business | | | |
| Funding exports | | | |
| Bad debts protection | | | |
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