Invoice Finance, also known as Invoice Factoring, is a way for businesses to free up cash from their outstanding invoices.
How Does Invoice Financing Work?
We work with a portfolio of funders to find the best deal suited to your business needs. Once a funder is established and an Invoice Finance facility is in place, you will upload your invoices to an online portal and the funder will release up to 90% of the value of the invoice into your business bank account within 24-hours, instantly giving your business additional cashflow.
You will invoice your client as usual and upload the same invoice to the online funder portal.
Up to 90% of the invoice value in paid directly into your business bank account within 24-hours.
Your client will settle the invoice directly with the funder when it’s due, and the funder will release the remaining 10% into your business back account minus fees.
This completes the payment cycle.
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