Cash when you
need it now!
Its simple and really fast!
How it works
Sales:
A business issues invoices to customers with payment terms (e.g., 30, 60, or 90 days).
The company submits eligible invoices to Magnet.
Advance:
Your customer pays the invoice directly to Magnet.
Settlement:
Once payment is received, the lender releases the remaining balance to the business, minus fees and interest.
We provide a quick infusion of cash, enabling a business to cover its working capital needs and maintain a positive cash flow.
By converting its unpaid invoices into cash, a business can free up funds for investment in growth opportunities or for paying suppliers, employees, or other expenses.
REDUCED
RISK
Invoice discounting shifts the financial risk of non-payment from the business to the finance provider, as the latter assumes responsibility for collecting the outstanding debts.
With invoice discounting, a business can improve its credit rating by showing lenders that it has a reliable source of cash flow and a low risk of default.
CONTROL
Unlike other forms of financing, invoice discounting does not require a business to offer collateral, which means it can retain control over its assets and operations.
How do
you apply?
Contact us today and
our friendly consultants will
lead you through the process.
Alternatively, you can fill in the below form, and we will contact you for assistance.