Invoice Discounting / Factoring

At Lion Finance, we represent a number of experienced Invoice Discounting and Factoring houses, who will finance both UK and overseas customers.

No matter how large or small your business, we can provide a solution to your funding needs.

We will take into consideration, fixed assets within the business to guarantee adequate funding in addition to the invoice discounting/factoring limits.

We can also look at your payroll for additional short term funding. See payroll finance

• This method of Invoice Financing allows a business to manage its own credit collection and administration on a Confidential basis therefore retaining what can be valuable relationships with customers. The following highlights the stages involved and illustrates the absence of any form of communication between the Lender and the customer:-
  
  • Your company raises an invoice as usual.
  • Your company sends a sales daybook listing to Lender.
  • Lender advances up to 85% of gross daybook listing.
  • Your company sends out statements and chases cash as usual.
  • Your company receives payment and banks cash.
  • Via a trustee bank account Lender receives cash from your company's customers.
  • Lender returns the remaining balance, less charges.

HOME & EXPORT FACTORING
BOTH RECOURSE & NON-RECOURSE

• We will provide a full export service with multi-currency facilities available and multi-lingual credit controllers to speed up collections
• Foreign bank accounts have been set up in most Western countries so as to avoid using factors chain international which can also slow down availability of cash
  

SINGLE DEBTOR FACTORING

• We will advance up to 80% against a credit worthy customer on an on-going or one-off transaction basis
  

TRADE FINANCE

This facility can be linked to an existing factoring facility or can be provided on a stand alone basis. It is normally suitable for companies importing goods against confirmed orders.

• Deal Finance and Factoring
  
  • Have you got a good deal?
  • Do you need finance to do it?
  • Do you have a firm order for goods from a proven supplier. 
    
• Lion can help:
  • We buy your goods for cash sell them back
  • Up to 100% of cost of goods can be provided, plus duty and VAT
  • Generally unsecured, no need for conventional lending security
  • Letters of Credit facilities are always available.
  • Selective debtor finance available, particularly in situations where limit/ concentration restrictions might apply.
  • Simple charging structure.