Zenith Bank (UK) Limited

Immediate funds, improved cash flow

Receivables Discounting

A short term borrowing option for a supplier where billing cycles may be lengthy but the customer base is financially sound and reliable.

In this arrangement, the bank allows the customer to borrow money using unpaid sales invoices as collateral. Interest is charged on the amount borrowed, which typically will be 80% - 90% of the total advance.

By providing immediate working capital, Receivables Discounting can help optimise cash flow.

Tania Powell
Head of Trade Services
+44 (0) 20 7105 3957

Tim Holmes
Settlements
+44 (0)20 7105 3934

Priya Ganjoo
Payments
+44 (0)20 7105 3932

Ogiuwa Madunagu
LC Advising
+44 (0)20 7105 3959

Adeola Akintimehin
Relationship Officer - Zenith Bank (UK) Ltd - (DIFC Branch)
+971 (0)4 279 0736