Invoice finance - your cashflow finance solution
DID YOU KNOW? In 2009 alone, over 43,000 companies used invoice financing. In fact, businesses have been using this type of funding for over 40 years.
- A secure form of finance
- Access to specialist expertise
- It's finance that grows with you
- Improve your profitability
Get Quoted
Invoice Financing - Secure the best finance deal for your business
For a no obligation quote please complete this form on the right
Companies eligible for Invoice Financing
Invoice financing provides funding against the sales ledger of a
business, providing both an immediate cash injection and an
ongoing supply of worling capital. By providing a percentage
of the value of invoices upfront, invoice financing can ease the
cash flow worries of a business by bridging the gap between
raising an invoice and getting paid.
- Does your business raise invoices to other businesses?
- Is your projected turnover for the forthcoming year more than £50,000?
- Do you offer credit terms between 30-120 days?
- Is your business based in the UK?
Benefits of Invoice Finance
- Offers an immediate injection of cash
- Offers an ongoing supply of working capital that grows in line
with the business
- Improves cash flow by releasing cash from existing business
assets i.e. invoices
- Frees the client from the burden of chasing customers for
payment, by using credit control and sales ledger
management facility
- Frees up valuable management time, enabling clients to get
on and run their business
- Provides security and peace of mind with bad debt protection
services available
- Offers flexibility - confidential and selective funding solutions
are available.
How Invoice Financing works in three easy steps
- Step 1 - You provide goods or services to your customers and send an invoice to both the customer and lender.
- Step 2 - A lender will then make a pre-agreed percentage of the invoice value available. A lender will typically offer an 85% advance, although 95% is available from some lenders.
- Step 3 - Once the lender has collected payment from your customer they will return to you any money owed to you, minus cash already advanced and any fees.