Invoice Finance

Here is an explanation of how it works, the options within invoice finance and how this could benefit your business.

How it works...

You supply goods / services to your customer. They are sent an invoice.

Funder pays you up to 90% of the invoice value, often within 24 hours.

Use this funding to support your everyday cash flow, or your business growth.

When invoice is paid in full, you receive the remaining balance, minus service fee.

You can gain faster access to up to 90% of your invoice values

You have the option to fund individual invoices, multiple invoices, or your entire sales ledger.

Plan your business cashflow with confidence and a higher level of certainty.

Grow the funding you have available to you in line with your sales growth.

Allow the funder to manage your sales ledger which can include supporting your credit control processes.

This option has the following advantages:

you avoid spending time chasing customer payments
funder can sensitively and professionally manages collections on your behalf
you get access to up to 90% of your entire invoice values
as your volume of invoices increase, so can the amount of money released from invoice factoring

This is a more confidential service than invoice factoring where you continue to manage your sales ledger and credit control process.

This option has the following advantages:

you can still fund your entire sales ledger through this service
you can continue to manage your credit control process
you fully maintain the customer relationship - customers see no difference in how they work with you
get access to up to 90% of your entire invoice values
as your volume of invoices increase, so can the amount of money released from invoice discounting