Invoice finance

Invoice finance: bring forward what you’re owed.

Get up to 90% of your invoice value upfront. Suits a business that invoices other businesses and waits 30, 60 or 90 days to get paid.

You don’t pay to compare.

No credit file impact · No cost to compare · No obligation

Invoice finance at a glance

Amount: Up to 90% of invoice value, sized to your receivables
Term: Revolving across your debtor ledger, with no fixed end date
Security: Your invoices and debtors
Time to funds: Varies by lender
How you pay: The balance, less fees, 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 invoice finance fits, and when it doesn’t.

Often fits

Business customers on 30, 60 or 90 day terms
Funding across your debtor ledger, not one invoice
A facility that grows as your sales grow
A newer business with creditworthy customers

Usually not

One large invoice now and then, where funding a single invoice may fit
Paying for stock before a sale, where trade finance may fit

Business funding, compared on real data, in three steps.

How It Works

Compared

Invoice finance or a bank overdraft?

Invoice finance or a bank overdraft
	Invoice finance	A bank overdraft
Time to options	Options typically within 24 hours of receiving your documents	Set by one bank’s own process
Security	Secured against your invoices and debtors	May require property security
Lender access	Panel of 70+ lenders compared	Single lender only
Facility growth	Scales with your sales ledger	May need a new application to grow

What it costs

How you pay, and what it costs.

Advance: Up to 90% of the invoice value upfront
Discount fee: Charged for each 30 days an invoice is outstanding; specialist lenders usually charge more than bank-grade facilities
Other fees: There may also be service or establishment fees

Who qualifies

What lenders look for.

Typical criteria, and subject to lender assessment.

Your customers: Businesses, on 30 to 90 day terms
What matters most: The quality and creditworthiness of your debtors
Trading history: Some lenders accept as little as 3 months
Documents: An aged debtors report

Advance calculator

See what an invoice actually unlocks.

Once your invoice is submitted, most of its value is advanced upfront. The rest, minus the facility fee, is paid once your customer settles.

Fees shown are indicative; your report shows each lender’s fees.
Results are approximate. Not an offer of credit.

Outstanding invoice value$100,000

$10k$1M

Upfront advance: $80,000
Facility fee: $4,000
Paid on collection: $16,000

Illustrative only, based on an 80% advance rate, a 2% per-30-day fee, and 60-day debtor terms. Your Compare Report shows the exact advance rate and fee each lender offers your business.

Questions about invoice finance.

What is invoice finance?

Invoice finance is an ongoing facility that lets you access cash tied up in unpaid invoices. Instead of waiting 30, 60, or 90 days for customers to pay, a lender advances you up to 90% of the invoice value, with the balance paid once your customer settles.

What is the difference between invoice discounting and factoring?

With invoice discounting, you retain control of your sales ledger and your customers are unaware of the arrangement. With factoring, the lender manages your debtor ledger and collects payments directly from your customers.

How much does invoice finance cost?

Fees are charged as a percentage of the invoice value for each 30 days it’s outstanding, depending on your industry, debtor quality, and volume. Specialist lenders usually charge more than bank-grade facilities. There may also be service or establishment fees. Your report shows each lender’s fees side by side.

What happens if my customer doesn’t pay?

With recourse factoring (the most common type), you’re responsible for repaying the advance if the debtor defaults. With non-recourse factoring, the lender absorbs the credit risk, but this typically comes at a higher cost.

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.

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