BLOCK DISCOUNTING
Block discounting is an effective way for finance and leasing companies to fund their activities, and can be used for instalment credit agreements - hire purchase, leasing or rental.
Block discounting is a means of releasing capital invested in finance agreements in the form of a discounted advance raised against the pre-agreed value of the contracts. This is repaid at a fixed price over a similar period to the underlying contracts. The principal lender, under a master agreement, sells the rights of underlying contracts on a completely undisclosed basis and continues to "bill and collect" customer rentals in the normal way.
We are highly experienced lenders to independent finance companies, with over 15 years experience in the industry. Our customers include small to large finance companies funding a wide range of assets to both consumers and corporate clients.
If you are interested in setting up a Block Discounting facility or would simply like to learn more about the process, please telephone or email us. With Singers you will find a trusted partner dedicated to keeping your business on track.
For further information,
please contact our Block Discounting Specialist:
Paul Tagg on 01306 647 159
or complete our contact form
Further information