Waiting 30, 60 or 90 days to get paid can hold your business back. Invoice finance lets you release cash tied up in your sales ledger — so you can pay suppliers, staff and plan for growth.
Invoice finance is a way of borrowing against the money your business customers owe you.
When you raise an invoice, a provider advances a large percentage of its value — often up to around 80–90%, depending on the provider and your customers. When your customer pays, you receive the balance, minus the provider's fees. As your sales grow, the funding available can grow with them.
The provider manages your sales ledger and collects payment from your customers. Ideal if you'd like to free up time spent on credit control.
You keep control of your sales ledger and collections, and your customers typically don't know a provider is involved. Usually suited to more established businesses.
Finance individual invoices or specific customers when you need to, rather than your whole sales ledger.
Carry on trading as normal and raise invoices to your business customers.
The provider advances an agreed percentage of the invoice value, often within a short time.
Your customer pays the invoice in line with their usual terms.
You receive the remaining balance, less the provider's agreed fees.
Invoice finance tends to work best for B2B businesses that invoice other businesses on credit terms.
Answer a few quick questions and we'll come back to you with options that suit your business. It takes about 60 seconds.
Straightforward answers to the questions we hear most often.
Providers typically advance a percentage of the invoice value — often up to around 80–90% — depending on your sector, customers and the type of facility.
With factoring, the provider usually manages collections, so customers are aware. With confidential invoice discounting, you keep control of collections and customers typically aren't told.
Costs usually include a service fee (often a percentage of turnover) and a discount charge on the funds you draw. We'll help you understand the full cost before you decide.
Yes, some providers support newer businesses, because the decision often focuses on the quality of your customers as well as your own trading history.
That depends on whether the facility is recourse or non-recourse. With recourse, you're responsible for unpaid invoices; non-recourse may include bad-debt protection for an extra cost.
