Manage your invoices with FacFlow
With FacFlow, you can access and manage your invoice finance facilities securely online at any time.
Overlay
Invoice Discounting
A speedy way to improve your business cashflow
Unlock the value of your unpaid invoices within 24 hours
Could help if your cash is locked up in outstanding invoices
You get your own dedicated Relationship Manager
Your business could get the funds it needs to keep growing
Waiting for invoices to be paid can create severe cashflow problems for your business. Invoice Discounting is a way to quickly release cash tied up in outstanding invoices.
Invoice financing services are provided by RBS Invoice Finance Limited. Security may be required. Product fees may apply. Subject to status, business use only. Specific eligibility criteria apply. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.
Discounting in detail…
Features OpenClose
Get cash quickly
You could receive up to 90% of the invoice value within 24 hours and you’ll still have full control of your sales ledger management.
Good for business growth
Releasing money you’re owed gives you access to funds which could help your business grow. Invoice Discounting is available in these currencies: GBP, USD and EUR.
Completely confidential
Your customers aren’t aware you’re borrowing against their invoices, so it won’t affect client relationships.
Convenient and always available
You’ll have 24/7 access to an online Invoice Finance account, so you can manage invoices and track payments.
Help and support
You’ll get your own dedicated Relationship Manager – your key point of contact if you need to discuss anything.
Simple to use
You control the collections. Once your customer settles their bill, we send you the remaining value of the invoice minus our service charge and fees.
Benefits OpenClose
Ready to apply
Great, thanks for choosing Invoice Discounting. To apply you must have a turnover of over £300k; have established credit control and robust in-house ledger systems and be happy to use your debtor book as security.
Alternatively, you can always talk to your relationship manager.
To find out more about Invoice Discounting, take a look at our Fact Sheet (PDF, 315KB)
Cashflow and collecting money
Good cashflow management is key to keeping a business afloat. We’ve got a seven-step guide to help you keep your cashflow nice and steady.
Business planning
Having a clear mission and goals for your business is vital. We’ve got business planning tips to help you turn your dreams into reality.
Assets you can use to secure credit
From real estate and machinery to inventory and unpaid invoices - there is a whole range of assets available to use as security when raising funds.
FreeAgent accounting software
FreeAgent is cloud-based business accounting software that helps you save time on managing your books. It's free with your Ednites Credit Union business current account for as long as you retain your bank account.