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One of the primary benefits of Falcon Invoice Discounting is the immediate injection of cash into the business, which helps to bridge the gap between invoicing and payment
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Falcon Invoice Discounting Falcon offers innovative invoice discounting solutions to help businesses unlock the value of their outstanding invoices and improve cash flow.
What is Invoice Discounting? Invoice discounting is a type of business financing where a company sells its outstanding invoices to a third-party provider, such as Falcon, at a discounted rate. This allows the company to access the cash tied up in unpaid invoices immediately, rather than waiting for customers to pay.
How does Falcon invoice discounting work? ?. Falcon purchases your unpaid invoices at a discounted rate, providing you with immediate access to cash flow. ?. Falcon takes over the management and collection of the invoices, handling communication with your customers. ?. Falcon offers a flexible, customized solution that can be tailored to your business needs, from invoice to invoice or on an ongoing basis.
Benefits of Falcon Invoice Discounting Improved Cash Flow Flexible Financing Gain access to the cash tied up in outstanding invoices, allowing you to pay suppliers, meet payroll, and fund growth initiatives. Falcon offers customized invoice discounting solutions that can be tailored to your unique business needs, from single invoices to recurring arrangements. Efficient Collections Enhanced Business Agility Falcon takes over the management and collection of invoices, handling communication with your customers so you can focus on running your business. With improved cash flow and access to flexible financing, you can respond quickly to market opportunities and stay ahead of the competition.
Eligibility Criteria for Falcon Invoice Discounting Strong Customer Base Stable Cash Flow Falcon looks for businesses with a proven track record of reliable, creditworthy customers who pay their invoices on time. To qualify, your business should have a steady flow of recurring invoices and a healthy accounts receivable portfolio. Minimum Invoice Value Business Longevity Falcon requires a minimum invoice value, typically starting from $??,???, to ensure the financing arrangement is viable. Falcon prefers to work with established businesses that have been operating for at least ? years, demonstrating financial stability.
Falcon Invoice Discounting Process Submit Invoices 1 Send your outstanding invoices to Falcon for evaluation and approval. Verification & Approval 2 Falcon reviews the invoices, verifies the details, and approves the financing. Advance Payment 3 Falcon provides you with an upfront cash advance, typically ??-??% of the invoice value. Invoice Collection 4 Falcon takes over the management and collection of the invoices, handling communication with your customers. Final Payment 5 Once the customer pays the invoice, Falcon remits the remaining balance, less their fees.
Falcon Invoice Discounting Rates and Fees Advance Rate Falcon offers advance rates typically between ??-??% of the invoice value, providing you with a substantial portion of the funds upfront. Discount Fee Falcon's discount fees are competitively priced and vary based on the size of the invoice, your company's credit profile, and the expected time to collect payment. Factoring Fees In addition to the discount fee, Falcon charges a small factoring fee to cover the cost of administering and collecting the invoices on your behalf. Minimum Fees Falcon has a minimum fee structure to ensure the arrangement is viable, but these fees are transparent and tailored to your business needs.
Falcon's Invoice Discounting Security and Compliance Secure Platform Compliance Focused Risk Management Transparent Auditing Falcon utilizes advanced encryption and data protection measures to safeguard your sensitive financial information. Our invoice discounting services adhere to all relevant financial regulations and industry best practices. Falcon's rigorous underwriting process ensures that we only work with creditworthy businesses, mitigating risk. We provide detailed reporting and auditing capabilities to ensure full transparency throughout the process.
Falcon's Invoice Discounting Customer Success Seamless Integration Personalized Support Empowered Growth Exceptional Service Falcon's invoice discounting solution integrated seamlessly with our existing accounting and invoicing systems, allowing us to access cash flow quickly without disrupting our operations. The Falcon team provided personalized support throughout the onboarding process and ongoing management of the invoice discounting facility, ensuring we maximized the benefits to our business. Falcon's invoice discounting allowed us to unlock the cash tied up in our invoices, giving us the financial flexibility to invest in new equipment, hire additional staff, and capitalize on market opportunities. Throughout our partnership, the Falcon team has demonstrated exceptional service, responsiveness, and a deep understanding of our unique business needs, making them a trusted financial partner.
Conclusion Falcon invoice discounting solution offers a powerful way for businesses to unlock the cash flow tied up in outstanding invoices, empowering them to invest in growth, seize new opportunities, and stay ahead of the competition.