Business Banking - Invoice Finance - Funding To Buy Stock - Bank of Ireland Northern Ireland

Return to Invoice Finance HomeFunding To Buy Stock

What is it?

No other bank in Northern Ireland offers a specific stock funding facility
It's flexible - credit period up to 180 days
It requires no security
It's complementary - works alongside existing bank facilities

Who can use it?

Your business is likely to be:

Operating in the manufacturing, wholesale and distribution or retail sectors
Growth orientated with maximum 2-3 years' trading experience
Selling annually in excess of £350,000
You may be a Bank of Ireland or Non-Bank of Ireland client

What is in it for you?

Pre-plan your funding of stock - ideal for times of seasonal peak requirements
Negotiate bulk order discounts
Negotiate settlement discounts for early payment
Enhance your reputation with suppliers
Buy additional stock which may include new product lines
Offer more attractive terms to your customers

How do you use the facility?

We pay your supplier invoice upon your written instruction
In return you give us a Bill of Exchange which we will present to your bank for payment after the pre-agreed credit period of up to 180 days

Stockline offers you:

Extended credit terms without the provision of security
Fast access to funds
Improved buying power

To apply, or for more information, send us an email or contact your local business team

For full Terms and conditions, please refer to our Guide to Business Banking - 123KB PDF Document.