Invoice Factoring

Release funding from your unpaid invoices

  • High Advance – Receive up to 90% of your invoice value upfront
  • SME Invoice Factoring – We collect payments on your behalf
  • Fast Funding – Get the money in your account sometimes same day
  • Big or Small Invoices – We fund invoices up to £3m+
  • Eliminate Risk – Customer bad debt protection available
  • Free to Apply – Simple application – apply in minutes

What is invoice factoring?

Invoice Factoring, also known as ‘debt factoring’ is perhaps the most widely used form of invoice finance. It is a flexible funding solution that enables you to effectively sell a single invoice or your whole sales ledger to a lender at a discounted rate.

Unlike discounting, where you remain in control of chasing customer payments, the collections and credit control is passed on to the provider to manage in full.

This factoring solution allows you to release of up to 90% of your invoice value in just a few hours. This is ideal for a fast working capital boost to your business.

Invoice Factoring

Why choose invoice factoring?

Funding up to 90% of invoice value

The funds can be with you on the same day, and up to 90% of the invoice amount will become available. Once the invoice is paid, you receive the final balance minus the factoring fee.

Focus on your business

By outsourcing your credit control, it allows you to free up your time to manage your business.

Improves cash flow

Cash is released as soon as your orders are invoiced and is made immediately available to you. This creates a smooth cash flow for your business.

Reduce the risk of late payments

Giving up credit control to the financier will reduce the risk of bad debt and late payments. A dedicated team of professionals will manage collections on your behalf.

No additional asset security required

A significant advantage over other financial loan products does not rely on you owning any assets to act as security, whereas a traditional bank loan would look for this.

Bolt on extras

There are other business additions available such as bad debt protection, payroll support, which helps to free up your time and protects your business from risk.

How does invoice factoring work?

Invoice Factoring is where financiers will purchase your invoice and collect the payments from your customers on your behalf. You will receive up to 90% of the invoice value upfront. Then, once they have received payment from your customer, they will send you the remaining balance minus their fees and charges.

Invoice Finance Step 1 - Choose one or multiple invoices

1. Choose one or multiple invoices

Choose a customer invoice/invoices you would like to release cash against.

Invoice Finance Step 2 - Receive advance up to 90%

2. Receive advance up to 90%

Receive an invoice advance up to 90% of the value of your sales invoices in 24 hours. Get as much as you need!

Invoice Finance Step 3 - Customer pays the invoice

3. Customer pays the invoice

The factoring company manages all credit control. When the customer pays, you will receive the remaining balance minus any costs.

Grow your business with an invoice factoring facility

With the financier taking control of your whole sales ledger, it saves you time and resource, enabling you to carry on with your business as usual. With Invoice Factoring, communications come directly from the lender, so your customer will understand that you have a relationship with a factoring company.

Invoice Factoring is the most common funding solution for SME businesses struggling with cash flow. Unlike many other forms of finance, invoice factoring is more secure because it is based on the company you have already invoiced out.

It means you get paid quicker and able to concentrate on running and growing your business.

SME Invoice Factoring will suit the majority of UK business sectors

We can help any UK business that invoices other companies on credit terms for goods and services.

We help support UK businesses grow

Members of The Federation of Small Businesses

Members of the national association of commercial finance brokers

Unlock the cash in your unpaid invoices today