Fund an invoice
Fund one invoice, not your whole ledger.
Get 70 to 90% of one invoice upfront. Suits a business with an occasional large invoice or a seasonal gap.
Need a facility for all your invoices? See invoice finance.
You don’t pay to compare.
No credit file impact · No cost to compare · No obligation
Fund an invoice at a glance
- Amount
- 70 to 90% of one invoice of $5,000 to $2,000,000
- Term
- One invoice; it ends when your customer pays
- Security
- The one invoice; some lenders add a personal guarantee
- Time to funds
- Varies by lender
- How you pay
- The balance, less the fee, comes to you when your customer pays
Indicative, and subject to lender assessment. Your options are typically ready within 24 hours of receiving your documents.
Is it right for you?
When funding one invoice fits, and when it doesn’t.
Often fits
- An occasional large invoice
- A seasonal cash flow gap
- You want to choose which invoice to fund
- No ongoing commitment
Usually not
- Funding most invoices, most months, where invoice finance usually costs less
- Progress claims, milestone invoices or invoices with retentions, which may not be eligible
Business funding, compared on real data, in three steps.
How It WorksCompared
Fund an invoice or invoice finance?
| Fund an invoice | Invoice finance facility | |
|---|---|---|
| Commitment | One invoice, one transaction | Ongoing facility across your ledger |
| Ledger | None: you choose which invoice | Often requires assigning most or all debtors |
| Cost per invoice | Higher, with no volume commitment | Lower, for a volume commitment |
| Best for | Occasional large invoices, seasonal gaps | Businesses funding most invoices, most months |
What it costs
How you pay, and what it costs.
- Advance
- 70 to 90% of the invoice value upfront
- Fee
- A percentage of the invoice value for each 30 days, higher than a full facility because there’s no volume commitment
- The balance
- Paid to you, less the fee, when your customer settles
Invoice calculator
See what funding one invoice actually costs.
This estimates the cost of funding a single invoice on a one-off basis, with no ongoing facility required. Adjust the slider to see the indicative advance, fee, and balance paid on collection.
- Fees shown are indicative; your report shows each lender’s fees.
- Results are approximate. Not an offer of credit.
- Upfront advance
- $40,000
- One-off fee
- $1,500
- Paid on collection
- $8,500
Illustrative only, based on an 80% advance rate and a 3% fee per 30 days on a single invoice. Your Compare Report shows the exact rate each lender offers for your invoice.
Questions about funding one invoice.
How does selective invoice finance work?
You choose a single invoice to fund on demand and upload it to a finance provider. They verify the debtor and advance you 70 to 90% of the invoice value. When your customer pays, you receive the remaining balance minus the provider’s fee. There’s no requirement to fund your entire ledger or enter a long-term commitment.
How is Fund an Invoice different from the Invoice Finance facility?
Invoice Finance is an ongoing facility where you assign most or all of your invoices to a lender in exchange for a lower, volume-based fee. Fund an Invoice is a one-off, ad hoc alternative: you choose a single invoice, fund it once, and walk away with no ongoing commitment. It suits businesses with an occasional large invoice or a seasonal cash flow gap rather than a business wanting to fund its whole ledger every month. Because there’s no volume commitment, the per-invoice cost is generally higher than a full facility.
How much does it cost to fund a single invoice?
Fees are a percentage of the invoice value for each 30 days, depending on the lender, invoice size, debtor quality, and payment terms. Because there’s no whole-ledger commitment, per-invoice costs are generally higher than full factoring or invoice discounting facilities. Your report shows each lender’s fee before you choose.
What invoices qualify?
To qualify, invoices must be B2B, for completed work or delivered goods, not disputed or subject to offset, and issued to a creditworthy debtor. Most providers have a minimum invoice size of $5,000. Progress claims, milestone invoices, and invoices with retentions may not be eligible. Your business typically needs at least 3 months of trading history.
How do we get paid?
Comparing costs you nothing. Not comparing can cost you plenty.
The headline rate rarely tells the whole story. Fees, charges and loan terms can add far more to what you repay. That’s why your Compare Report shows every cost we can identify side by side.
In most cases, the lender pays us, and only if you decide to proceed with their product offer. For more complex deals, or where the lender pays us little or nothing, we may charge a fee for our service. It doesn’t happen often, but when it does, it’s shown on your Compare Report and we’ll walk you through it before you decide.
No obligation to proceed, ever.
Related
Read more, or compare a different product.
Guides
See your options, side by side.
No credit file impact · No cost to compare · No obligation
Or talk to us: 1300 161 641 · support@tradefunding.com.au