Our Invoice Discounting Solution
Are you a supplier to SMEs, businesses and private institutions? Does cash flow sometimes make it impossible to honor your agreement? Then we have just the solution for you. INVOICE DISCOUNTING.Through invoice discounting, we offer you a buffer as you wait to be paid for a completed project by financing up to 80% of your invoice. It will free up funds from the unpaid invoices ensuring your business cash flow while at the same time you maintain control over the collection of outstanding receivables.
How Does Elevate Credit Invoice Discounting Work?
The requirements for invoice discounting include:
- Company profile
- Contract documents
- Individual Copies of ID and KRA PIN
- Passport photo /selfie
- Certificate of Incorporation and company PIN
- Tax Compliance Certificate.
- Board Resolution
- Articles of Association
- Letter of Irrevocable instructions printed on Company letterhead