Invoice finance releases cash tied up in unpaid invoices. Once the facility is set up, you can draw up to 90% of an invoice's value the same day, instead of waiting for your customer to pay.
How it works
- You raise an invoice to a business customer.
- The finance provider advances up to 90% of its value.
- When your customer pays, you receive the balance, minus the provider's charges.
Factoring vs invoice discounting
- Factoring: the provider runs your sales ledger and collects payment from your customers, so they know you use it.
- Invoice discounting: you keep collecting payment yourself, and it's usually confidential.
Whole book or selective
You can finance your whole debtor book, or just selected invoices or customers.
What to expect
- Funding limits: up to £5 million.
- Set-up time: typically 1 to 3 weeks.
- Cost: usually a charge on the invoices funded, plus a service fee. The exact cost is in your offer.
Who it suits
Businesses that invoice other businesses on credit terms and are waiting on payment, especially when they're growing quickly.
Last reviewed: 8 October 2026