Invoice Finance and Factoring

Invoice finance and factoring improves working capital by receiving up to 90% of your outstanding invoice amount within 24 hours

Invoice Finance - Working capital finance

Invoice Finance and Factoring 

Invoice finance and factoring are effective and flexible ways for businesses to effectively manage their Cash Flow and Working Capital. They provide a facility that lets you draw down cash into your business, as an advance payment secured against the invoice,  by converting your invoices (debtor book) into a readily available revenue stream.

Whether you’re a start-up business, trading for many years and irrespective of size we can usually provide a workable and cost-effective invoice finance solution that will improve the cash flow in your business at rates often far better than overdraft terms.

Some business benefits of Invoice Finance…

  • Up to 90% of the Invoice Value paid to you on issue
  • On-line process and cash paid into your account same day / next day
  • Facility available to new start business with turnover from just £50,000 per annum
  • Bad debt insurance can be included if necessary to give additional peace of mind
  • Factoring can be offered to most Business types and Industry Sectors
  • Reduced finance costs over traditional overdraft facilities

Different types of Invoice Finance

  • Factoring
    The Invoice Finance Company (IFC) provides finance against the whole of the business’s debtor book/ledger. Invoices raised by the business are paid directly to the IFC (this is the most commonly used type of Invoice Finance)
  • Invoice Payroll
    Invoice payroll is only available for recruitment agencies, providing essential recruitment factoring to support the day-to-day running of the business
  • Invoice Discounting
    Invoice discounting is very similar to Factoring save that the business continues to administer their own debtor book
  • Spot Factoring
    Spot factoring tends to be either used at certain times of the year or against specific invoices
  • Trade / Stock Finance
    Trade and or stock finance is often used in conjunction with invoice finance facilities as it often enables borrowing to be repaid when items/products are either sold or invoiced

Typical uses of Invoice Finance

  • Businesses that are looking to grow
  • New start companies looking for financial support
  • Businesses need help to pay bills
  • Businesses looking to outsource their credit control saving time and resources

Indicative Terms

Get an understanding of how much you may be able to raise and aid cash flow with invoice finance and at what terms before making an application.

Some benefits of using us

In addition to property valuations, building insurance, and legal support, we offer a wide range of additional services. For information on this, please see our Business Support Services and Trusted Partner Network.

Our business support and brokerage services include fully packaging and submitting your lending application proposal in addition to ensuring the most competitive rates and terms. We will ensure that your invoice finance application is prepared quickly and efficiently. At the same time, we will keep you updated on your application’s progress in order that funds are available in the shortest possible time.

Our offer

In particular, we offer all our clients a truly ‘one-stop-shop’ facility, specifically to provide you with a fully managed and professional business support and brokerage service. Our mission is to secure the most competitive funding offer for your circumstance available from the whole of the market.

Whatever your property finance requirements, we offer a free, impartial, and confidential initial consultation and will quickly assess your funding options.

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