Invoice

Finance

Invoice Finance is best used for B2B businesses invoicing in arrears of goods or services being delivered. Invoice finance is a smart way of utilising your debtor ledger to inject additional working capital into the business. Funders will advance up to 90% of an invoice once raised.

There are several invoice finance products and some may be better suited for your business than others.

Factoring

  • Amount from £10,000-£10,000,000+

  • Factoring utilises the full debtor ledger of a business

  • Typically the factoring company will oversee credit control and provide this as part of the facility

  • Rates vary depending on industry, debt turn, ledger concentration, as well as many other factors 

Confidential Invoice Discounting

  • CID for short, you can finance your invoices confidentially with this solution

  • £10,000 - £50,000,000

  • Funders can provide credit control if required

  • Secured by charge over company assets

Selective Invoice Finance

  • Flexible facility where you pick and choose the invoices you wish to finance

  • Dip in and out when required

  • Rates vary but typically more expensive than factoring and CID

  • Flexible. No minimum term