Invoice Finance

INVOICE FINANCE

Keeping cash flowing

Invoice financing helps to free up funds you’re due in invoices you have raised for products/services provided but have not yet been paid.

Lenders will look at your debtor and creditor list, determine the level of funds due to you and provide you with a facility of up to 100% of the amount due.

Invoice finance can come in two forms; discounting or factoring. Broadly speaking, discounting gives you access to the funds, but you’re responsible for chasing the invoices and the general day to day legwork involved in raising invoices and being paid for them. Factoring leaves the chasing to the invoice finance lender whilst still providing a similar funding facility.

Factoring may be a more attractive option for the smaller business as your time can be spent on the day to day running of the business where you’re most effective.

Whether you’ve done your research and just want to make sure you’re not missing a trick, or your situation is more complicated and you don’t know where to start, contact us today and let us help you.

‘This is NOT an FCA regulated product’