BORROW AGAINST FUNDS OWED TO YOU
HOW CAN INVOICE FINANCING BENEFIT YOU
Invoice Finance assists businesses improve cash flow by borrowing money against funds that they are owed from their customers until the balances are paid in full. Businesses pay a percentage of the invoice to the lender as a fee for borrowing the funds.
This type of facility is a great way of building business continuity into the overall business strategy as it mitigates against the negative impact that overdue invoices might otherwise have on cash flow and also allows businesses to cope with longer invoice repayment terms i.e., 60-90 days.
FINANCE PRODUCTS
TYPES OF INVOICE FINANCING
OUTSOURCED LEDGER & CREDIT CONTROL
INVOICE FACTORING
Invoice factoring is a cash flow solution where you sell your outstanding B2B invoices outright to a financial provider. The provider takes over ownership of your sales ledger, managing the credit control and handling the day-to-day collection of customer payments directly.
HOW IT WORKS
You raise a customer invoice and submit it to the factor, who advances up to 90% of its cash value within 24 hours. The factoring company then manages payment collection directly from your customer. Once settled, they release the remaining invoice balance to you, minus their service fee.
BEST SUITED FOR
GROWING SMES
RECRUITMENT AGENCIES
NEWLY TRADING STARTUPS
OUTSOURCED CREDIT CONTROL
CONFIDENTIAL CASH FLOW FUNDING
INVOICE DISCOUNTING
Invoice discounting is a finance-only facility that lets you borrow capital against the value of your unpaid invoices while keeping full control of your sales ledger. This arrangement remains entirely confidential, ensuring your direct client relationships are preserved without external interference.
HOW IT WORKS
You submit your outstanding invoices to use as collateral, and the provider immediately advances an agreed percentage of the total worth. Your business remains responsible for chasing and collecting customer payments exactly as normal. When customers pay into your designated account, the advance is cleared.
BEST SUITED FOR
ESTABLISHED COMPANIES
HIGH-TURNOVER BUSINESSES
IN-HOUSE ACCOUNTING TEAMS
CONFIDENTIAL FINANCING