Halloween is scary, but Block Discounting doesn’t have to be

Ines Escola, Account Development Manager Block Discounting

Block discounting can seem scary at first…so it’s worth carving out some time to demystify the process. Here, our very own Ines Escola, Block Discounting Account Development Manager, treats us to her expert knowledge of the Block Discounting process and recounts her experience working in the dedicated team at Siemens Financial Services (SFS).


In essence, Block Discounting is a revolving credit facility which allows a funder to raise funds against future income. A typical Block Discounter funds agreements for their customers, batches together a ‘block’ of those agreements and sells them at a discounted rate to SFS – we then release this capital in the form of a loan which is repayable monthly. The funds generated from the loan can be used to fund more agreements which can be blocked in the future. The Block Discounting process is that simple!


An initial credit facility is approved and terms are agreed to match the existing finance portfolio of the Block Discounter. The required paperwork for a block drawdown is simple to complete and the pay-out process is quick and easy. At SFS, we offer competitive rates where loan repayments are fixed and matched to the average term of the blocked agreements, thereby ensuring the payments can be budgeted in line with the rental income generated from the underlying contracts.


SFS is proud to have been working in the Block Discounting channel for 15 years. We started with one experienced account manager and the team has now expanded to seven who have over 100 years of combined experience in the Asset Finance sector. We have served our Block Discounters throughout the 2008-10 recession and the 2020 pandemic - scary times for all involved but we intend to be here to support our Block Discounters through the good times and the bad.


Block Discounting could be considered cryptic, however, our team at SFS are here to ensure the process is simple and seamless and we are happy to discuss how we can help support your business moving forward.  If you would like any further information, please do not hesitate to contact us:


Find out more about our Block Discount team by reaching out to us here or give us a call on 0161 4468692.



Ines Escola, Account Development Manager Block Discounting

I am a Block Discounting Account Development Manager and have been part of the team since 2018, building business relationships with existing customers and onboarding new opportunities. 

I have worked in the finance industry for over 20 years, having joined Siemens in 2003. My length of service at SFS has helped me to develop a strong internal and external network and enabled me to develop a broad knowledge of the finance industry.  


My spare time is mainly spent enjoying time with my son. I try to get to the gym as often as possible and enjoy catching up with friends, which usually involves sampling a new gin.