Invoice Discounting
Your business can draw money against its sales invoices before your customer has actually paid. It enables you to achieve your business objectives and have working capital when you need it
Some of the benefits
Capital Efficiency
Maintain cash-flow for your business
Negotiable rates
Our invoice discounting service rates are negotiable
Maximum discount
Up to 80% value of the invoice can be discounted
Easy process
Fast and simple application process
What you get
- Get funds to grow your business when you need it most
- Negotiable service rates
- Fast and simple application process
- Up to 80% value of the invoice can be discounted.
What it costs
- Interest rates: Prime + margin.
- 2% of the Loan Amount as arrangement fees.
What you'll need
- Business Legal documents.
- Business' financial statements, including and income statement, balance sheet and cash flow.
- A 12-month cash flow forecast.
- Proof of equity contribution and the source of these funds.
- Financial Card
How to get it
Contact the Enterprise Direct Centre on 0312226600 or visit a Business banker at your nearest branch
-
What you get
-
What it costs
-
What you'll need
-
How to get it
- Get funds to grow your business when you need it most
- Negotiable service rates
- Fast and simple application process
- Up to 80% value of the invoice can be discounted.
- Interest rates: Prime + margin.
- 2% of the Loan Amount as arrangement fees.
- Business Legal documents.
- Business' financial statements, including and income statement, balance sheet and cash flow.
- A 12-month cash flow forecast.
- Proof of equity contribution and the source of these funds.
- Financial Card
Contact the Enterprise Direct Centre on 0312226600 or visit a Business banker at your nearest branch
Want us to talk to us about this service?
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