Cashflow Finance

Cashflow Finance raises money on outstanding invoices so that you have the cashflow to run and grow your business, depending on your client base and the operating conditions of your business. We can release funds to you within 24 hours of receipt of your sales invoices if required (subject to agreed processing conditions), turning up to 95% of their value (less fees) into cash.

Benefits of Cashflow Finance:

• Faster sales growth
• Improved investment opportunities
• Increased purchasing power
• Improved supplier relationships
• Optimised stock levels
• Achieve growth without increasing capital or parting with equity

You can choose between two methods of Cashflow Finance:

1. Factoring

• You will need a minimum turnover of £50,000 and an outstanding sales ledger
• You assign all sales invoices to Bank of Scotland on a continuing basis and we manage your sales ledger
• We agree a cash injection of up to 95% of the value of outstanding invoices (less fees) within 24 hours
• We apply our professional credit control and collection practices which reduce the possibility of bad debt
• Once the debtor makes a payment, we pay you the balance of the invoice less any charges. Charges are negotiated and depend on the individual circumstances of each customer.

2. Invoice discounting

• You will need a minimum turnover of £500,000 and an outstanding sales ledger
• You are responsible for collection
• You send us copies of your customers’ invoices - they don't know you're using our service
• We agree a cash injection of up to 95% of the value of outstanding invoices (less fees) within 24 hours
• Once the debtor makes a payment, we pay you the balance of the invoice less any charges