Invoice Finance

The number one reason for business owners using invoice finance is to generate immediate cash for a business to fund the costs that come with a growing business, Wages, Taxes, Suppliers.

Whether your business wants to outsource its credit control or keep in house, we have a solution.

How it works

Invoice your client on your own stationery and then present the Finance company with a copy for payment. You receive up to 90% of the value of the invoice straight away. Depending on your choice of credit control, the monies are paid into your account with the Finance company and they pay you the balance less the agreed service fee and discount charge

Benefits of Invoice Finance

Improved cashflow
You choose whether to disclose the arrangement to your clients
The funding available automatically increases in line with your sales.
Optional Bad Debt Protection to minimise the risk against failing customers
Quick and Simple to set up
24/7 accessibility to your account, with online administration
Cleared funds can be in your account in 24 hours.

Who is eligible to use Invoice Finance

You are a business to business company in the UK
You have an annual turnover above £50,000
You issue invoices with trade credit terms from 14 to 90 days

Take a look at the chart below to compare the various invoice Finance options available.

	Factoring	Invoice Discounting	Asset Based Lending
Who is it for?	Businesses looking to outsource all credit control	Larger businesses with robust credit control system	Businesses with cash tied up in physical assets
Typically 85% of the value of your unpaid invoices (balance, less service fee and discount charge paid later)
Unlock the cash value of your stock, capital equipment and other assets
Confidential, your clients don't need to know you're using the service	subject to agreement
Payments collected for you - full sales ledger service
Funding grows with your business			(for inventory and invoice discounting)
Funding exports
Protection from bad debts	(optional)	(optional)	(optional)