Invoice Discounting with ScotPac.

Flexible funding, your way

Your family home isn’t required as security

Facility grows in-line with your business

Funding arrangements remain confidential to your customers

Enquire Now

What is Invoice Discounting?

A type of Invoice Financing, Invoice Discounting involves securing a line of credit by using unpaid or outstanding invoices as collateral. You receive a cash advancement on your outstanding invoices, meaning you don’t have to wait for slow or late paying clients that might restrict cash flow.

The key difference with this type of facility is that collections are still handled in-house and kept confidential. Invoice discounting is a great option if you don’t wish for your customers to know that you’re seeking financing on their unpaid invoices.

 

No property required

Facility is secured against invoices, so you can leave your home out of the picture.

Grows with your business

Limits grow in line with business revenue, so there is no need for regular re-negotiation.

Confidential working capital facility

Customers are not aware of your funding arrangements, accounts receivable remains in-house.
ScotPac look after you, you're not just a bank number.
Karen Edbrooke - Owner, Big GIrls Don't Cry Anymore
ScotPac look after you, you're not just a bank number.
Karen Edbrooke - Owner, Big GIrls Don't Cry Anymore

Why Scottish Pacific?

We've been around for over 30 years, lending exclusively to SMEs. We uncover the hidden value in your business assets and make them work for you.
Real Relationships Partner with us for the long term, with a local relationship team and direct access to decision makers.
Unlocking Growth We’re growth enablers, unlocking the potential in your business. Our customers grow at more than 3 times the average business.
Flexible Finance We find a way to say “yes”. We’re with you through the good times and bad, always adapting your business needs.
Unlocking Growth We’re growth enablers, unlocking the potential in your business. Our customers grow at more than 3 times the average business.
Flexible Finance We find a way to say “yes”. We’re with you through the good times and bad, always adapting your business needs.
Real Relationships Partner with us for the long term, with a local relationship team and direct access to decision makers.

Who does Invoice
Discounting suit?

Enquire Now

Invoice discounting is a form of invoice financing that is generally suited to SMEs that already have an in-house accounts receivables team. Businesses which qualify for invoice discounting will have a dedicated internal accounts department and a demonstrated ability to perform the full range of collections activities including calls, reminder letters and issuing monthly statements.

Some key industries we support:

Recruitment & staffing
Wholesale trade
Manufacturing
Transport & storage

For more information about how we can help your business, fill out an enquiry form or call us today.


HOW DOES IT WORK?

1. You invoice your client directly, and upload whole sales ledger to us.
2. We will pay up to 80% of the value of approved invoices, less our fees.
3. The remaining 20% becomes available to you when the invoice is paid in full.

WILL MY CUSTOMERS BE NOTIFIED?

In most cases your cash flow funding arrangements will remain confidential, so your customers will not be aware. You will continue to manage your accounts receivable and collections.

WHAT DO I NEED TO APPLY?

Talk to one of our friendly Invoice Finance specialists the best cash flow solution for your business and what you need to apply.

Not sure if Invoice Discounting is right
for you? We offer other finance solutions

Learn more

Easy to apply

Call us today to discuss how Invoice Discounting can help.

1

Give us a call

Talk to one of our friendly
Invoice Discounting specialists
about tailoring a solution for
your business

2

Proposal

We’ll present you with the
solutions to choose from,
based on what you’ve told
us you need

3

Documentation & Settlement

We’ll work with you to
dot all the i’s and
cross the t’s to finalise
your solution

Get approval within 24 hours

Get started today

Call us to discuss how we can
finance your business 0800 72 68 72