Invoice finance turns unpaid invoices into cash. It advances up to 90% of the value of the invoice as soon as it’s raised. It is a flexible way to help companies finance business, manage cashflow and fund expansion plans all at the same time. The re-brand reflects exactly what the business deals with and is a clearer description of the type of work it carries out making it easier for customers to identify.
RBS Invoice Finance will continue to provide a wide range of invoice finance solutions, the bank says, from efficient day-to-day cashflow management to better use of business assets.
The name change is part of a programme to ensure consistency and to emphasise a joined-up approach with the bank as a whole.
Adrian Sainsbury, Managing Director, RBS Invoice Finance, says: “This “re-brand “forms part of an active programme designed to strengthen our positioning in the marketplace. It is intended to clarify our offering to the market, and act as a central theme in re-focusing our team and strongly energising the business.”