Why Cross Border Invoice Discounting?
For businesses which supply customers overseas, cash flow can quickly become tied up in invoices due to goods often being in transit for long periods.
Cross border invoice discounting facilities give businesses the opportunity to release cash against the value of these invoices within just 24 hours of their issue. This helps to ease the cash flow burden on the business and provide the means to continue investing in growth.
Up to 90% of the invoice value is typically released, with the remainder made available once the customer pays.