Invoice Discounting is a solution for many businesses to alleviate day to day overhead concerns. Clients benefit from actual flexible Invoice Discounting by releasing finance at whatever point in their year the business requires. With CELTIC, you can choose to discount a number of accounts or just ONE ACCOUNT.

The ‘discounting’ terms refers to the charge the discounter (CELTIC) takes before repaying the sum back to you, the client (upon payment by your Customer). So, you no longer have to wait the 30, 60, or 90 days to get paid, CELTIC will finance the majority of the debt upfront.

If you are a business (limited company or sole trader) and you are selling your goods or services on credit to your debtor (customer), you can fund that debt for the period it is outstanding. Essential in our industry, we give clients the true facts about the costs for discounting. At CELTIC we know what Irish SME’s require flexible finance with a transparent cost structure. Adding together the discount rate and the. With £35,000 of invoices going through the facility each month, and a discount rate of 2.5, the monthly discount rate would be about £75. Then, the discount rate would be applied to that month’s invoices. We are the largest independent invoice discounting company operating in Ireland providing Transactional Based Invoice Discounting for almost 20 years. With a service fee set at 2, the yearly servicing cost would be £6,000, or £500 per month. Welcome to CELTIC Invoice Discounting where we provide cash flow for small, medium, start up and fast growing businesses.

Single invoice factoring