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Invoice Discounting

Turn up to 100% of the value of your invoices into cash within 24 hours (less our charges)*

• Receive up to 100% of your invoice (less our charges) within 24 hours*
• Retain full control of your sales ledger and credit control
• Benefit from a potentially valuable source of debt funding

Quick payment of your invoices

Now there’s no need to wait for clients to settle your invoice. With Invoice Discounting from Bank of Scotland Corporate, you can receive up to 100% of your invoice (less our charges) within 24 hours*. It’s a quick, cost-effective way to maintain a positive, predictable cash flow.

With Invoice Discounting, you retain full control of your sales ledger and credit control. The Bank remains 'invisible' at all times, so your client relationships remain unaffected.

How it works

With Invoice Discounting, you raise your invoice in the usual way. You then notify us and we pay up to 100% of the value less our charges within 24 hours*. You remain responsible for collection. Once the client has paid you, you deposit the funds into an agreed Bank of Scotland account and we transfer the balance to you – less our charges.

Our How it works section gives a more detailed example on how Invoice Discounting works.

You can also protect yourself against non-payment of invoices with our Credit Protection policy.

Opportunity for debt funding

As with Factoring, Invoice Discounting gives you all the benefits of a predictable, positive cash flow. It also offers you a potentially valuable debt funding package, reducing your reliance on more conventional equity funding methods.

Invoice discounting is a chargeable service.

* 100% less our charges. 24 hours if required, – subject to agreed processing conditions.