Invoice Finance

Invoice Finance allows you to access up to 90% of the cash tied up in unpaid invoices. Optional extras such as credit control and bad debt protection are also available with some lenders.

A major advantage of invoice finance is the funds available increases as your turnover increases, which makes invoice finance a brilliant product for growing businesses.

Types of Facilities 

Disclosed Invoice Finance / Factoring

With disclosed facilities, your customer will be aware you are using an invoice finance company. As an optional extra the lender can complete your credit control and send monthly statements.

Confidential Invoice Discounting

While using a confidential facility, your customers won’t be aware of the funders involvement and you will be responsible for collecting the debt. 

Construction Finance 

Funding for businesses raising applications for payment or raising invoices in stages. The number of funders comfortable in this sector is less so finding the right funder is very important. 

Selective / Spot Finance

A short term facility perfect for one-off large jobs but relatively expensive if to be used frequently. A perfect way to trial should invoice finance be something you haven’t used before and you not want to commit long term.

Credit Insurance / Bad Debt Protection 

A way to reduce the financial risk should your customers become insolvent. There are a number of options, from covering all invoices, selective customers to individual invoices.