How does Block Discounting work?
We purchase 'blocks' of Hire Purchase and/or Lease agreements, while you remain in control of collecting and managing customer repayments.
In return, we release funds for a period equal to the average life of the agreements discounted. Further cash can be raised as blocks are repaid, creating an ongoing stream of funding for further agreements.
The benefits of Block Discounting
Improved cash flow
Block Discounting takes the strain off your cash flow, quickly releasing funds tied up in fixed term agreements that can be used to grow the business
A new income stream
Lets businesses make a profit between lending
Secure and reliable
Block facilities are not ordinarily repayable on demand, therefore giving you much needed certainty in today’s uncertain economic environment