Confidential Invoice Discounting - Invoice discounting effectively involves raising funds against unpaid invoices. It means you don't have to wait for payment to access money you're owed. As the name suggests, the facility is confidential, meaning the lender will never contact your clients, so you wont damage good relationships.

 

Factoring - Similar to Invoice Discounting but the lender will effectively act as your credit controller, chasing up late payments with your customers. You can raise the funds against unpaid invoices in the meantime.

 

Overdraft - a fixed facility that allows you to spend up to a certain limit. Usually renewed on an annual basis, overdrafts are a flexible way to finance your working capital requirements.