You can use block discounting to fund against various hire purchase, leasing or rental agreements. The facilities are completely undisclosed to your customers and will complement your existing banking relationships.
The discounted advance is typically repaid over a fixed period, usually matched to the period of the underlying contract or rental period.
Benefits of block discounting
- Capital is released into your business
- Complements and does not detract from your existing banking facilities and relationships
- Can provide a continuous line of funds to help with the growth of your business
Why choose Goodman Corporate Finance?
Goodman Corporate Finance is highly experienced at setting up block discounting facilities, working with a number of finance companies. We are not tied to any specific funder or broker, so you can be sure that you will always get the best deal. We offer complete transparency to our clients, working within the code of conduct and policies set out by the NACFB (of which we are full members).
If you would like to learn more about block discounting, please contact a member of our experienced team, who will be happy to tailor a facility to meet your requirements. You can get in touch by calling 0333 3583502, emailing firstname.lastname@example.org or via our contact form.