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Invoice discounting

people examining the details of a finance document

Tailor-made financing that can grow with your business

Siemens invoice discounting is a cash flow solution that can help businesses unlock the value of unpaid customer invoices, allowing effective management of working capital.  Part of the A+ rated* worldwide Siemens Group, Siemens Financial Services has a long and proud history of assisting businesses grow through leveraging innovative financial products.

 

The Invoice Finance team from Siemens has a wealth of experience in helping to find solutions to suit your needs.

 

*Standard & Poors Credit Rating

Talk to us today - 01753 434450
Call or email our team

Invoice discounting

How it works

Siemens Financial Services works tirelessly to provide tailored solutions to help make your life easier and allow you to focus on running your business 

How invoice discounting works

Businesses are increasingly exploring alternative finance solutions as traditional lending options remain restricted. Invoice discounting can be an important alternative to traditional credit lines, unlocking up to 90% of the value held in your unpaid sales ledger. An invoice discounting arrangement with Siemens means that administration is kept to a minimum, supported by our market leading online solution, allowing you to concentrate on what you do best - running your business.

Understanding invoice finance

Understanding invoice finance

This infographic video explains how invoice finance can benefit your business and bridge the payment gap between when a supplier needs to be paid and when your customers pay you.  It outlines the benefits of invoice finance and shows how this cash-flow solution gives you the opportunity to grow your business without using precious capital reserves. 

tablet showing business data

Mind the payment gap

UK SMEs are an integral part of the UK economy, but they bear the brunt of late payments and long payment terms.   A typical SME spends 130 hours a year chasing outstanding invoices which are a drain on cash flow.  Invoice finance is increasingly being seen by SMEs as a flexible, reliable tool to unlock working capital.

Read more about unlocking the potential of your unpaid invoices by clicking the link below.
View our Late Payment Report

Siemens invoice discounting may be suitable for you, if you are:

- Seeking to break free from restrictions imposed by current funding solutions

- Looking for an alternative financier to provide bespoke and tailored solutions

- Undertaking domestic and/or international trade

- Looking to grow and maximise the funding potential of your available assets

- Requiring invoice funding greater than £250,000 

SMEs and businesses work with us because we offer:

- Tailor-made financing which has the flexibility to grow with your business

- Immediate access to up to 90% of your sales ledger

- Reduced administration, enabled by market leading technology

- 24/7 online access and availability of management information

- A highly experienced team who understand the particular needs of businesses seeking invoice finance

Business advisers work with us because:

- Our market leading technology makes it simpler for your clients to transact with us

- Siemens is a respected, globally recognised brand providing reliable funding

- We have a local underwriting discretion up to £10m and fast turnaround on credit decisions

- We have access to a range of financial solutions

- Our highly experienced client managers provide exceptional service

- We have competitive commission and reciprocal business arrangements

What our customers say...

Business professionals discussing data

Having money available means it's ready to invest in business development. As we gain more customers we’ll access more funds through invoice finance, which we can then invest in acquiring even more customers and so it snowballs. We’re really excited about the coming months.

Paul Smith, Managing Director, Triplex Distribution

What our customers say...

We found that as the price of oil dropped and the sector suffered downturn, our high street bank was less willing to assist us. In contrast Siemens is knowledgeable about the sector, understands its cycles and is eager to support us.

David Rowan, Managing Director, Epic International Ltd
Business documents being examined

An overview of our process

Step 1: Your business finance needs are identified

As our invoice discounting solutions are customised to suit your business needs, we need to understand your business and its requirements.

 

Step 2: We present invoice discounting options which are tailor-made for your business

This will be fully transparent and include a prepayment percentage against your fundable invoices plus a funding limit and any charges that will be made, so you fully understand our proposal.

 

Step 3: Our expert team will arrange credit approval

Our advisers will arrange a credit application in order for us to present a formal credit-backed offer to you.

 

Step 4: Documentation is completed

We will require legal documentation to be completed prior to funding which will include a sales finance agreement and a debenture.

 

Step 5: We make your funding is made available

Following commencement of your facility, we will make funding available to you after satisfactory settlement of any existing invoice finance agreements you may have.

Existing client's login

Invoice discounting case studies

Read about companies who have benefited from invoice discounting from Siemens Financial Services

Business professionals in discussion
Sterling Services lorry
Triplex distribution office building
MD of Epic
group of professionals discussing invoice finance

Get in touch about invoice discounting

Would you like to know more?

Our team is always available to answer your questions, please contact us for further information

Talk to us today - 01753 434450
Call or email our team