Invoice Factoring for Business
Invoice Discounting Services
Turn Unpaid Invoices into immediate cash flow.
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Spot Invoice Discounting for Business
Invoice discounting is an invoice finance or debtor facility that allows business owners to leverage the value of their sales ledger. The aim is to help companies with their cash flow especially if you offer 30, 60, 90-day terms for their clients. Invoice Discounting helps with funding portions of your unpaid invoices.
Fast Track your Cash-Flow
Long customer payment terms, unexpected cash flow bumps, or unforeseen business opportunities – are just some of the times when invoice factoring makes good sense for business success. We make it simple, fast, and flexible. Find out more and get in touch below.
How Invoice Finance works?
Overdue invoices that are 30,60,90 days or longer, can be used to help your cashflow.
5-minute online application
Apply online and send through Invoices.
Get pre-approved with the right funding solution.
Get funds on the same day
Have funds in your account before 72 hours.
Difference between Invoice Discounting and Invoice Factoring?
Invoice Factoring is generally for clients that do not have a credit management or collection service. FIFO Capital will help in this process of following up the outstanding invoices on your behalf.
Invoice Discounting relies on companies that are larger and have capacity to follow up invoices. All handling of collection and payment reconciliation is conducted in-house.
Why Invoice Factoring Finance Ireland?
- Immediate cash payment per invoice
- You choose when to use our services, and when to stop
- One fee only plus minor credit risk report disbursements
- No locked-in fixed term arrangements
- You do not pledge all your accounts receivables to us – only those that you
- choose; most clients select one, two or three invoices at a time
- No real estate or equipment security requirement
- Does not affect current or planned financing facilities
- Our service is professional and fully transparent
Frequently Asked Questions?
How old should my invoice be?
Invoices that are 30, 60, or 90 days old are eligible for Invoice Finances.
Who collects the outstanding invoices?
There are 2 Invoice Finance options you use with Fifo Capital.
How many invoices can we use for Invoice Factoring?
You can use invoice factoring for one or multiple overdue invoices. Fifo Capital can lend money from €5,000 to €1,000,000 on overdue invoices.