With Invoice Finance you can borrow money against outstanding payments you are due from debtors. It enables to maintain your necessary cashflow and reserves levels if invoices you are owed are not paid on time or if they have a future due date.
Your outstanding invoices are essentially used as collateral, just as any other asset would be, and a certain percentage of the total outstanding balance is borrowed against it. You can use either your entire sales ledger or individual and specific debts as your collateral, giving you the control over which invoices you would like to remain under your control and on your company balance sheet.
Invoice Finance will give you the confidence and ability to offer your services without worry of outstanding invoices being unpaid and hampering your business. You are free to serve, flourish and even grow knowing that you will have the security of lending readily available on the other side of your hard work.
With lending ranging from £5,000 up to £200,000 and very competitive rates from our trusted lenders, you are sure to find a product that is just right.
You fill out and submit our short enquiry form
Our lending team will be in contact to discuss your case
After paying a small arrangement fee, we submit your case to lenders for approval
Your loan is underwritten by finance experts and approved
You receive the facility terms to review to your satisfaction before your final signature
You sign and return the facility terms and the funds are sent to your account within 24 hours!