Invoice finance enables you to access the money from an invoice's value within 24 hours of issuing it.
It allows you access the the money that you’re owed, quickly, without the hassle of chasing payments or waiting weeks, even months, for overdue invoices to be settled.
The right invoice finance solution depends on your business and industry needs.
Invoice Factoring - Assistance with Credit Control
If managing customer payments is taking time away from running your business, factoring could be the perfect solution. With invoice factoring, a dedicated credit control team will take over the collection of your outstanding invoices, allowing you to focus on growing and managing your business.
Invoice Discounting
With invoice discounting, you can access cash before your customers make payment, while still managing the collection of those payments yourself. This option allows you to maintain control over your customer relationships, and your use of invoice finance remains discreet, so your customers won't be aware of the arrangement.
Splitting Payments
For businesses with project-based or contract work, there are specific financing options designed to suit this payment structure, where contracts are typically long-term and payments are received in instalments.
Customers Who Are Abroad
For businesses with global operations, there are specialised financing options tailored to support international trade. These solutions, along with foreign exchange services, can help streamline your transactions and safeguard against the risks of fluctuating currencies.
Funding for Imports
For businesses that import goods, trade finance could be the solution you need. It allows you to negotiate better terms, purchase inventory, and boost operational efficiency, all while securing the capital required to keep your supply chain moving smoothly.
Non Payment From Your Customer
When using invoice finance, many businesses opt for protection against bad debts. This safeguard ensures that even if a customer is unable to pay, you’ll still receive the funds owed to you, offering added peace of mind.