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FactoringDiscounting+
I N V O I C E
Y O U R F I V E -S L I D E G U I D E
A RANGEWELL PRESENTATION
RANGEWELL'S FINANCE GUIDES GIVE YOU THE TOOLS TO
SPEAK WITH AUTHORITY ON THE WIDE RANGE OF BUSINESS
FINANCE SOLUTIONS AVAILABLE IN THE UK TODAY.
STICK WITH US FOR THE NEXT FIVE SLIDES, AND WE'LL
TELL YOU EVERYTHING YOU NEED TO KNOW ABOUT
INVOICE FACTORING AND DISCOUNTING
STILL HAVE QUESTIONS? HEAD OVER
TO BLOG.RANGEWELL.COM
GET YOUR MONEY quickly...With invoice factoring and
discounting, businesses receive
a cash advance on unpaid
invoices from a lender. This
means they won't have to wait
30-90 days to get the funds they
need.
...BUT NOT FOR freeA lender will typically advance
85-90% of a business's unpaid
invoice, and charge a one-time
arrangement fee, a monthly fee,
and a charge based on the
amount of funding that was
advanced. This process is the
same in both invoice factoring
and invoice discounting.
RANGEWELL.COM
Invoice factoring means the
lending institution is responsible
for collecting payment on the
invoice.
Invoice discounting means that
the business will be in charge of
collections.
RANGEWELL.COM
BE CAREFUL OFbad debtIf the business' buyer defaults on
the payment, they could be
required to pay the debt they owe
the lending institution out of their
own pocket. Many institutions,
however, offer bad debt
protection - if the business' buyer
doesn't pay, they'll cover some or
all of the money lost.
RANGEWELL.COM
is the UK's most comprehensive,independent, and in-depth business
finance platform.
We provide curated finance solutionsfor businesses and their advisers.
For more information, or to sign up toour free-to-use service, visit
Rangewell.com