Selective invoice discounting
Selective invoice discounting, like spot factoring, is where single receivables are sold to a third party. Factoring facilities are traditionally whole-turnover, whereby, the entire sales ledger of a company must flow through the factor. This can become expensive and not reflect the most cost effective solution for companies to raise their working capital.
Many small businesses witness seasonal fluctuations in cash flow and so selective invoice finance would be a much cheaper solution. MarketInvoice are specialists in selective invoice discounting. Selective discounting is particularly useful in instances where there is a large single debtor. This is because rather than having a whole turnover facility, only single invoices are sold.
MarketInvoice.com allows small/medium businesses to raise flexible working capital by auctioning selected invoices or bundles of invoices to large institutional investors when cash is needed. There are no arrangement fees, no monthly fees and no minimum contract term.