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Whats the difference between Factoring and Invoice Discounting?

April 26, 2017difference discounting factoring invoice

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Whats the difference between Factoring and Invoice Discounting?

1 Answer

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10 Posted

There are two main differences: • Factoring includes a full sales ledger management service whereas with an Invoice Discounting facility the ledger management is left to you. • With factoring customers payments are sent to us at our offices in Milton Keynes, all cheques to be made payable to Calverton Factors Limited. With Invoice Discounting the payments are still made to you. The facility is not disclosed to your customers.