Invoice Discounting
Invoice discounting is a loan facility that turns your unpaid invoices into cash. It is a form of financing where you can get an advance on funds that you have already invoiced your customers for. You borrow money against the amounts due from your customers.
Why discount an invoice?
It can help you improve your cash flow situation so that you can pay your business expenses, suppliers and employees.
Why choose Quest invoice discounting?
It’s a fast and convenient way of sourcing funds other than applying for a small business loan through a traditional lender which can be a long and rigorous process. Not only do you have to supply a large amount of paperwork, you also have to wait for their decision, which can take weeks if not months. By the time you get your money, the opportunity you needed it for might be gone. With Quest invoice discounting, the process takes 48hours.
