Invoice finance

Invoice financing or factoring as it is often referred to is used by businesses to improve their cash flow.

With invoice financing rather than waiting for an invoice to be settled a proportion of cash tied up in the invoice can be released by us as soon as the invoice is issued.

Benefits of invoice finance

  • Improved cash flow
  • Flexible
  • There is no long term loan agreement
  • No waiting for late payments or chasing debtors
  • It isn’t a loan so doesn’t impact on your credit rating
  • A solution which grows with your business

How it works

Once you have raised an invoice we release up to 100% of the cash tied up in that invoice. No waiting, we will advance the value of your invoices minus our fee giving you instant access to working capital. No more waiting 30 or 60 days for an invoice to be paid.

We will then collect the payment on your behalf. This is a clear advantage for many small and SME organisations that may not have the resources in-house to spend time chasing late or unpaid invoices.

Who uses invoice finance?

Invoice financing is open to a wide range of businesses. We service clients in the recruitment, engineering, construction, warehousing and distribution, and haulage and printing industries.

Invoice financing is a popular choice for those working in industries where it may take a long time to convert receivables to cash. It is also commonly used by organisations experiencing rapid growth where cash is needed to take advantage of potential opportunities.

Think invoice finance could be the cash flow solution you are looking for?
Get in touch today.