Invoice discounting is an alternative to traditional business loans which gives you instant access to cash locked up in your outstanding invoices. You don't have to wait to get paid by your clients - you can instead get money immediately against your invoices through Falcon is an excellent solution - whether to improve cash flows, manage late payments, or keep up with seasonal demand.
Your customer must have received the goods or service
After that, upload it to your Falcon account
We require your customer to confirm the invoice details are correct
So you can get back to focusing on your business
Hire more staff and win new contracts.
Many suppliers offer discounts for up-front or early payment.
Prompt payment for employees and subcontractors.
We use personal approach and always try to find the best solution for you
You'll receive an offer in 1-3 working days
We bring you the best price on the market, suited to your needs
| TRADITIONAL FACTORING | FALCON |
|---|---|
| Typically only 80-85% of invoice amount is eligible for financing | Finance up to 90% of the value of the invoice |
| Minimum contract period | A dynamic auction process helps reduce costs |
| Very high borrowing costs | It is fast, fully automated and includes an e-invoicing capability |
| Old fashioned and slow infrastructure hinders processing | Advanced cash is determined by payment history and individual debtors |
| Lending decisions are based on the creditworthiness of specific invoices | Secured against the debtor who is responsible for the outstanding invoice |
| Financing is secured against personal collateral | No collateral or hidden charges |
