Invoice Finance
Invoice finance releases the cash tied up in unpaid business-to-business invoices, rather than waiting the usual 30 to 90 days for customers to pay. It is a revolving facility that grows with turnover, available as factoring, invoice discounting, or single-invoice selective factoring.
How it works
- Tell us your typical invoice value, customer payment terms and turnover.
- We match you to a factoring or discounting facility suited to your sector.
- Up to 90% of an invoice value is released within 24 hours of raising it.
- The balance follows, less fees, once your customer pays.
Typical terms
| Amount released | Up to 90% of invoice value |
|---|---|
| Speed to funds | 24 hours from invoice submission |
| Facility type | Revolving — grows in line with turnover |
| Security | The invoice debtor book itself |
| Variants | Factoring, invoice discounting (confidential), selective/spot factoring |
Indicative only. Actual terms depend on the lender and your circumstances.
What it is used for
Recruitment agencies funding payroll ahead of client payment terms.
Construction and contracting businesses waiting on staged payments.
Wholesalers extending 30 to 90 day terms to retail customers.
Hauliers and logistics businesses funding fuel and driver costs upfront.
Any B2B business whose growth is constrained by payment terms rather than demand.
Who this typically suits
- B2B businesses that invoice other businesses on credit terms.
- Businesses experiencing growing pains caused by payment terms, not lack of orders.
- Businesses that want a facility that scales automatically with turnover.
When it is not the right fit
If the business sells directly to consumers rather than other businesses, invoice finance does not apply — a Business Loan or Merchant Cash Advance is more relevant.
Business LoansIf invoices are typically raised before work is actually complete, most funders will not advance against them — Business Loans avoid that requirement.
Business LoansIf the funding gap is against a confirmed customer order rather than an invoice already raised, Trade Finance may fit better.
Trade Finance
What to have ready
None of this is required to start a conversation — it simply helps us understand the requirement faster once you get in touch.
- A sample of typical invoices and customer payment terms
- Approximate monthly invoiced turnover
- Details of your customer base and any concentration risk
- Recent aged debtor report, if available
Frequently asked questions
Tell us what you're trying to fund.
No need to select a finance product before getting in touch. Start with a short enquiry and a member of the team will be in touch.