Invoice finance is a way of borrowing money based on what your customers owe to your business. The concept is simple — rather than waiting days or weeks for your invoices to be paid by customers, lenders advance you most of the value immediately.
Invoice Finance Features and benefits through Funding Options:
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A Finance Specialist is available to guide you through the process
It is free and doesn’t affect your credit score
Gain access to competitive invoice finance deals
Schedule payments over time
Give yourself a little extra breathing room in terms of working capital
Invoice Finance - How does it work?
If you regularly invoice businesses, you could be eligible for invoice finance - one of the best ways to ease cash flow problems and get paid faster for completed work.
Unpaid invoices represent money that will be paid to you, but you have to wait for the payment terms to elapse, which could be anything from 14 days to 90 days or more. Invoice finance gets you most of the cash so you don't have to wait to get paid.
All invoice finance operates under this principle, but there’s a variety of different products available such as: Invoice discounting, invoice factoring and selective invoice finance.
Representative example*
7.63% APR Representative based on a loan of £50,000 repayable over 24 months. Monthly repayment of £2,252.94. The total amount payable is £54,070.56
*Some lenders may apply fees during the application process, please note that these are set and provided by these entities.
Annual Percentage Rate
Rates from 2.75% APR
Repayment period
1 month to 30 years terms