IDPlus+
IDPlus+ is our premium packaged funding solution, comprising an invoice discounting facility with additional funding against stock and plant and equipment. You continue to manage your customer relationships - we provide the funding to support you.
Maximise your working capital with IDPlus+
IDPlus+ maximises your working capital by providing an immediate injection of cash into your business against the value of your outstanding invoices. In addition, we also release cash against unencumbered stock and plant and equipment.
Each time you raise an invoice Bibby Financial Services will release a percentage of its value within 24 hours. The remaining balance, less a small fee will be paid to your business once your customer has settled the invoice payment in full. This provides both an immediate and ongoing supply of cash linked to your sales, so as your business grows so does the amount of funding available to you.
IDPlus+ is ideal for businesses that want to maximise working capital and who already have strong credit control systems in place.
The benefits of Invoice Discounting for your business
- Raise funds for mergers/acquisitions and streamline cashflow through the transition
- Additional funding for management buy ins and outs
- Fund business growth with increased working capital
- Win business by offering more competitive terms of trade with confidence
- Improve margins from suppliers with better buying power
- Access funds quickly to capitalise on business opportunities as they arise
- Improve supplier relationships through more prompt payment
- Improve customer relationships through more prompt fulfillment
- Gain confidence in strategic decision making with reliable cash flows
- Raise funds for Mergers, Aquisitions and Management Buyouts/Ins
- Additional funding available against Stock, Plant & Equipment and Property