Invoice Finance

Release Cash for your Business.



Invoice finance is a way to gain quick access to funds by raising capital  against your existing unpaid invoices.


This type of borrowing can be useful for businesses that have few assets to offer as collateral for a bank loan. It is used by companies who want to improve their cashflow, without having to wait for customers to make payment, giving you increased flexibility and headroom between incurring expenses and selling products. 

Key Features

Benefits of Invoice Finance

Improve Cash Flow

Release up to 90% of an invoice value, giving your business an immediate cash injection


Quick

Fast and easy to set up with payment typically within 24 hours of the lender receiving the invoice.

Cost Saving

Only pay interest on the money that you borrow, no draw down means there is no fee payable


Flexible

Highly flexible funding facility compared to traditional business loans or overdrafts.

Types of Invoice Finance


There are 2 main subtypes of invoice finance: Invoice factoring and invoice discounting. The main difference between the two types of finance is who collects on the unpaid invoices

Invoice Factoring

With invoice factoring, the company sells their sales ledger to a third-party lender (the factor) who collects the unpaid sums, manages your sales ledger and supports your credit control processes.  This type of invoice financing can take away the strain of having to chase invoices yourself.

Invoice Discounting

Invoice discounting is a confidential service in which you continue to manage your sales ledger and credit control processes, collecting payments from your customers directly so your current relationship with them remains.


   

If you are looking for a quicker and more flexible approach to finance than traditional business loans, then get in touch with us today to see how we can help your company gain financial freedom while you concentrate on running your business.


   

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