Investing in recovery
The owners of WSD have been involved in web site design and associated services for many y...
CVA for Garden Centre
In 2006 our clients acquired a run-down garden nursery with the intention of converting it...
Grant or Loan Finder Service
The Management of any SME needs to use all available tools when seeking funding for the bu...
The 'language of finance' can be daunting. We therefore thought that a simple explanation of many of the terms might be helpful, so here goes!
Glossary Index A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
To Narrow your search Select Category: All Accounting Terms Banking Terms General
Invoice Discounting
A financial transaction that allows a company to draw down funds against its sales invoices before the customers have actually paid. This is acheived by the company borrowing a percentage (usually 75 - 80%) of its whole sales ledger from a finance company. Invoice discounting services are available in a variety of forms, but in most cases the finance company will have recourse to the seller if the customer does not pay within a specified period.More »
A financial transaction that allows a company to draw down funds against its sales invoices before the customers have actually paid. This is acheived by the company borrowing a percentage (usually 75 - 80%) of its whole sales ledger from a finance company. Invoice discounting services are available in a variety of forms, but in most cases the finance company will have recourse to the seller if the customer does not pay within a specified period.More »