Some of our success stories across the country:
Crown Canlines Group
Proactively managing currency risk amid global uncertainty
Realising overseas ambitions with Export Finance
Construction Finance sparks growth for lighting business
To speak with one of our team,
call 0808 149 7966 today, or arrange a
callback from one of our team members
To be eligible for our Invoice Finance Products you must serve customers that are other businesses, and send them invoices on credit terms
A GUIDE TO INVOICE FINANCE:
HOW TO IMPROVE YOUR CASH FLOW
If you issue invoices to other companies and find yourself waiting to be paid, Invoice Finance can help you unlock that cash fast, without taking on any debt. It’s a flexible, sustainable solution that works in sync with your turnover.
Frequently asked questions
It's ideal for businesses invoicing other businesses (often termed “business to business”) with customers on credit terms of 30 days or more. It is often used by businesses who have cash flow concerns due to the gap between invoicing customers and receiving payment.
It can be used if you have your own credit control team or you can outsource it to your invoice finance provider. Your facility can also be run confidentially if you don’t want your customers to know you are using invoice finance.
It gives you fast access to cash that you’re owed by your customers – usually within 24 hours of issuing an invoice. This can help you meet immediate costs like paying staff and suppliers and paying unexpected bills. It can help you build working capital and unlike a loan or overdraft, it flexes in line with your business. Additionally, you aren’t tied into to lengthy contracts or commitments – we offer new clients a 3 month trial.
Like any financial arrangement there is initial work that is needed but once set up the facility grows in line with your business. After your initial contact you will speak confidentially with one of our funding specialists. They will get to know you and your business and once we build a full understanding we can make you an indicative offer. If you are happy with this we can complete our checks and make a credit offer. Then it moves to on-boarding to get the facility live with your dedicated relationship manager as your day to day contact.
Each facility is priced differently and the cost is linked to the level of services you require. We also need to gather the information we need to give you an indicative quote. We typically give you indicative pricing following our initial consultation.
Invoice Finance isn’t suitable for all businesses, unlike traditional products like loans and overdrafts which we are all familiar with. As you can see though it is a well-established product, particularly for sectors like construction and recruitment. We are proud to be a leading independent financial services partner to UK business with over 35 years’ experience. As a result we are happy to make introductions to existing clients and you can see our reviews on independent platforms such as Trustpilot. You can also see all of our case studies here.