Invoice Finance
Maximise business growth by unlocking your cash
Cashflow constraints are a frustration for any business. At Clydesdale Bank our Invoice Finance solutions mean you don't waste valuable time chasing customer invoices or waiting up to 90 days for payment. We will offer immediate funding against approved sales, as soon as your invoices are notified to us via the Internet on Invoice Finance Direct. The actual amount will depend on your individual circumstances – please speak to your local Agribusiness Partner for further information.
A solution that’s right for your business
When deciding on which type of facility to use, you should consider:
- Is confidentiality important to me?
- Do I have to retain operations in-house or could I benefit from professional outsourced credit control?
| Need | Solution | Benefits |
|---|---|---|
| Release your working capital to unlock business potential | Confidential Invoice Discounting | - Gives immediate access to working capital - Provides immediate access to funding as soon as new invoices are notified to us on Invoice Finance Direct - Provides confidentiality – stay in control of your credit and sales administration |
| Turn working capital into cash to accelerate your business growth | Full Service Factoring | - Offers dedicated credit control and immediate access to working capital - Frees you to concentrate on sales rather than administration - Flexible and secure |
| Protection for your trade invoices in the event of financial failure of debtors | Bad Debt Protection | - Protects from debtor failure - Competitive and easy to arrange cover |
Giving your business an advantage
With your local Agribusiness Partner, your business stands to benefit through a number of ways:
- Cash injection – free up your day-to-day capital to use in more productive ways
- Flexible funding – based on actual sales rather than projections, allowing quick growth without the worry of over-trading
- Simple security position – in most cases an assignment of book debts is all that is required where a floating charge or debenture is in place
- Choice of control – decide on how your credit control is managed, by you or the Bank
| Features | Confidential Invoice Discounting | Full Service Factoring |
|---|---|---|
| Real-time access to balance enquiries |  | |
| Bad Debt Protection (optional) | | |
| Invoice Finance Direct available | | |
| Full control of your working capital | | |
| Credit control is looked after by the Bank |
|
To start a new kind of banking relationship, call 08457 03 45 67 to arrange a visit from your local Agribusiness Partner.
Terms and conditions apply. All facilities are subject to status and applicants must be aged 18 or over.
Clydesdale Bank PLC is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. Clydesdale Bank PLC, Registered in Scotland (No. SC001111), Registered Office: 30 St. Vincent Place, Glasgow, G1 2HL. A member of the National Australia Bank Group of companies.
