Invoice Discounting

Is your business battling with cash flow? Better Way Solutions Ltd’s invoice discounting may just be the solution that saves your business. It is a form of short-term borrowing often used to improve a company’s working capital and cash flow. Invoice discounting is a facility offered against confirmed invoices that our client has issued to their client (off-taker). It is a confirmation of performance by our client (SME) that they have executed the order and are now demanding payment from the off-taker.

Invoice Discounting - Requirements

• Articles of association
• Order/Invoice
• Certificate of registration
• Shareholders ID
• Shareholders passport-size photos
• Post-dated cheques
• Application letter and board resolution
• 3 months bank statement
• Tax clearance certificate
• Better Way Offer Letter
• Confirmation of pay point
• Escrow account
• Title deeds or white book with assets valued above the facility amount