Trade Debtor Finance companies are unique and have recently been set up to specialize in these facilities.
They fund goods from suppliers to your warehouse.
Invoice Discounting lets you draw up to 80% of your invoices when required. It also gives you the ability to predetermine how much you want to draw down, limiting interest costs.
Once the debtors pay for invoices, the financier releases the final 20% less fees the next day into your bank. In most cases financiers have an almost paperless procedure with a very simple online system.
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You would get 80% less any purchases you have from suppliers.
Normally there is no requirement to be secured by real estate.
If you would like to know more about Trade Debtor Finance and some leading lenders, please contact TDFC and a consultant will take you through this factoring facility.