How Sales Invoice Discounting works with Loan Frame
Step 1
Upload your unpaid sales invoices to the Loan Frame platform once you sell your goods/services Step 2
The buyer reviews and approves the invoice, confirming the payment terms Step 3
Loan Frame lending partner reviews invoices and offers discounting, providing upfront capital based on the invoice value Step 4
The buyer pays the invoice to Loan Frame lending partner on the agreed-upon due dateBenefits of Sales Invoice Discounting with Loan Frame
- Reduce working capital strain: Free up working capital by accessing funds tied up in unpaid sales invoices, ensuring smoother operations without waiting for customer payments.
- Improve cash flow: Ensure steady liquidity by converting receivables into immediate cash, helping you manage day-to-day expenses and growth initiatives effectively
- Collateral-free financing:: Access funds without needing to pledge any assets, offering flexibility and ease of financing
- Simplified process: Enjoy a seamless, digital platform that makes invoice discounting quick and easy, with minimal paperwork and fast approval
- Lower borrowing costs: Get a cost-effective alternative to traditional loans with short-term financing and lower interest rates, reducing overall costs
Sales Invoice Discounting : FAQs
Sales Invoice Discounting allows your business to convert unpaid customer invoices into immediate cash by selling them to a financier. This provides you with quick liquidity, enabling you to maintain smooth operations, improve cash flow, and reduce working capital strain.
Loan Frame’s Sales Invoice Discounting solution provides immediate access to cash by converting your unpaid sales invoices into funds, improving your cash flow and reducing working capital constraints. You can maintain smooth operations without waiting for customers to pay, optimize your working capital, and reduce reliance on traditional loans.
While both Sales Invoice Discounting and factoring involve converting invoices into cash, Sales Invoice Discounting allows businesses to maintain control over their invoices and payment relationships with customers. With Loan Frame’s solution, payments are made directly to you, keeping your business relationships intact.
After selling goods/services and issuing an invoice to your customer, the approved invoice is uploaded to Loan Frame’s platform. Loan Frame advances the payment to you on behalf of the customer. Once the due date arrives, the customer pays the invoice amount.
We offer both financial-based solutions for higher ticket-sized loans and simplified options for smaller loans using KYC, banking, and GST data. The specific documents required may vary based on the nature of your business and the financing solution you seek. Typically, you'll need to provide business financial statements, trade references, KYC documents, and other relevant financial information. For a detailed list of the required documents, please reach out to us directly.
Yes, Loan Frame takes the security of our clients' financial transactions very seriously. We utilize the latest encryption and security protocols to ensure that your data and transactions are protected at all times.
Absolutely. Loan Frame prioritizes the security and confidentiality of your data. We use advanced encryption protocols, secure servers, and comply with industry-standard data protection regulations to ensure that your information remains safe. Our platform is designed with multiple layers of security, including user authentication, real-time monitoring, and regular security audits, providing you with peace of mind that your data is fully protected at all times.
Absolutely. Loan Frame upholds strict confidentiality protocols to protect your business's sensitive financial information. We ensure that any data shared with us is kept secure and used solely for the purpose of providing you with our financial services.
No, Loan Frame offers unsecured business loans for supply finance, meaning you can access funding without pledging any collateral. Our solutions are designed to provide fast, flexible financing, helping businesses maintain smooth operations and grow without the need for asset-based security. Click here to learn more.
Yes, Loan Frame’s Sales Invoice Discounting is designed for businesses of all sizes. It’s particularly beneficial for small and medium-sized enterprises (SMEs) that need faster access to funds tied up in receivables.
Yes, Sales Invoice Discounting can be used as an ongoing solution to manage cash flow and working capital. It offers flexibility and can be tailored to your business needs.
To get started, simply reach out to Loan Frame through our website or contact our support team. Our experts will guide you through the onboarding process, ensuring a smooth and quick setup for accessing funds through Sales Invoice Discounting.