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Invoice Discounting

May 29 2008

If your business raises invoices, then a factoring or invoice discounting facility will help your business release the working capital tied up in your invoices. Factoring includes full ledger management, leaving you with more time to run your business. Invoice discounting allows you to release the funds in your unpaid invoices confidentially, without your customers knowing. An invoice finance facility can typically release 90% of your invoice value within 24 hours of issue. With Simply Business, you can receive and compare instant quotes from each of the markets leading lenders.

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