An alternative to invoice factoring is the process of invoice discounting, which enables you to retain the control and confidentiality of your own sales ledger operations.
Unlike factoring, you collect your own debts, but 'confidential invoice discounting' ensures that customers do not know you are using invoice discounting as you still send out invoices and statements as usual. The invoice discounter then makes a proportion of the invoice available to you once it receives a copy of each invoice.
For more details on this and all other finance options, speak to your friendly Jigsol adviser.
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