Invoice finance

Good because it's a flexible way to help finance your business, manage your cash flow and fund extension plans. You get:

• same-day access to your cash when you raise an invoice
• increased finance as your sales increase
• bad-debt protection, so you can confidently take on more business
• export services if you trade overseas

You can also opt for our full service sales ledger management - all at charges that compare favourably with overdraft rates.

Please read this important legal information

Invoice finance

Invoice finance is suitable for businesses that trade by selling products or services to other businesses. It is not suitable for industries and markets that operate stage payments, retention or advance payments.

How it works

Send your invoice details to us, then you can draw down up to 90% of the value of approved invoices. The balance, less a small amount for charges, is paid once the invoice is settled.

The options available are:

• factoring - where the finance is available together with a full sales ledger administration and collection service
• invoice discounting - a finance-only option, for larger businesses with well-established administration systems

Personalised service

We can design an invoice finance solution that suits your individual business needs:

• Disclosed Invoice Discounting: as above but you're responsible for your sales ledger administration and collection process while your customers are aware of our financial backing. If your business generates over £750,000 per annum, this facility may be more suitable to your needs, financial situation and future expansion plans.
• CHOCS (Client Handles Own Collections): if you would prefer to deal personally with collections but still enjoy the benefits of our standard service, our CHOCS option is the solution for you.
• Service Only: our service-only package offers all the advantages of our expert administration support, but without the finance facility.
• Bad Debt Protection: giving you peace of mind by protecting you against losses caused by the formal insolvency of a customer.
• Export: for UK businesses trading overseas mainly with OECD (Organisation for Economic Co-operation and Development) countries, our export service gives you access to our expert multi-lingual staff for all collections, correspondences and customer service duties.

Keep up to date with FacFlow

FacFlow, our PC-based client communication system enables you to send sales details directly to us from your computer. You can track your finance, draw funds whenever required, print a wide range of management reports and, for our standard facilities, you can view all the credit control contact with your customers.

For more details, get an online invoice discounting quote or an online factoring quote, or visit us at www.natwestif.com.

Email us at NatWest Invoice Finance.