Invoice Discounting is a business financing facility where businesses are able to sell their outstanding invoices to a Factor so as to get a cash advance of up to 85% of the invoice value.
Momentum Credit, takes responsibility of waiting on the invoice payment for up to 90 days, while your business benefits from the fast cash injection to boost your working capital.GET QUOTE
flows improves your business’ cash flow predictability and increases your long term borrowing capacity even from banks
Unlike a traditional loan or overdraft facility, Invoice Discounting is not booked as a "debt" but rather the sale of a receivable thus does not interfere with other credit arrangements
The amount of financing you can access increases as your sales grow, thus providing you with comfort that you have access to continuous, growing amounts of working capital as your business grows
Provides flexibility in adapting to your changing business cycles
Any business that engages in credit transactions; As long a the buyer of the Good/service has been approved and Momentum is able to confirm with your buyer that the good/service has been provided and invoice is due for payment.