What is Invoice Finance?

Invoice Finance is an ideal mechanism for releasing funds quickly. It will greatly improve overall cash flow for your business. Get an instant cash injection from late or delayed invoices.   

Initially, there is a cash injection from your current invoices and thereafter your business will receive funding on any new invoices. This allows your business to get instant access of up to 90% of your invoices with the balance being repaid on receipt of debtor funds. 

There are a variety of smart Invoice Finance products to suit your business needs: 

A calculator and an invoice.
Confidential Invoice Financing
Confidential Invoice Financing

Your customer does not know of the lender's involvement and your business handles credit control.

Two people shaking hands after an invoice finance agreement.
Full Factoring
Full Factoring

This is when your customer knows of the lender's involvement by way of an assignation sticker on the invoice and monthly statements from the lender. The lender would also take responsibility for the credit control. 

How it Works:

  • You submit your outstanding invoices or contractual billing to the lender we match you with. 
  • The lender will typically advance up to 90% of the value within 24 hours. 
  • Once your customer pays the lender, they release the remainder to you. 
  • The lender then recalculates the funds available to you. 

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Benefits of Invoice Finance:

01
Improving Your Cash Flow
Your revenue is directly impacted with every late or delayed payment. 30, 60 or 90-day payment terms can really stunt your growth, but why should you have to wait so long? Invoice Finance can help release cash tied up in unpaid invoices so your business is in a better position to plan ahead, cover company expenses and capitalise on new opportunities.
02
Fast Funding
As banks become more particular about who they provide funding to, new and growing SMEs are finding it harder to qualify and secure the funding they require quickly. We can set up Invoice Finance within a week or two for your business. Once it’s in place, you benefit almost instantly. The funds can often be released from an invoice within 24 hours of it being issued.
03
Flexible Payment Terms
Waiting 30, 60 or 90 days for an invoice to be paid can really stunt your growth. Having Invoice Finance in place means you can provide more flexibility to your customers in terms of extending their payment terms, without having to worry about it impacting your revenue directly.
04
Easy To Secure Funding
If you’re struggling to access funding via traditional lending options, it’s relatively easy to qualify for Invoice Finance. Alternative lenders won’t close the doors as easily as banks. Therefore, most companies that do not have major financial issues and work with reliable customers that do not have adverse credit records should qualify.

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Release more cash from unpaid invoices today. We are award-winning invoice finance providers with the expertise to secure your funding quickly. Complete our contact form to let us know your requirements today.