What is Invoice Finance and Factoring?

Invoice Finance is a flexible funding solution for businesses looking to improve cash flow by releasing working capital from outstanding invoices.
Factoring is a form of Invoice Finance where our dedicated credit control team collect your outstanding invoices. This means your time is freed up to concentrate on running your business.

This means you effectively sell your invoices to us, at a discount, so you can receive payment within 24 hours of invoicing your customer.

Learn about our Invoice Factoring

How does Invoice Finance work?

Invoice sent

Invoice your customers

And send a copy to us

Percentage

We pay up to 80% of the value of your invoice

Within 24hrs, allowing you to pay your staff, suppliers and take on new orders

Contact

We collect payment on your behalf

Leaving you to focus on running your business

Payment

We pay you any remaining balances

Minus any agreed fees


Factoring for Businesses Wanting to Expand or Grow

Expansion and growth plans can stall without the necessary funding in place. Factoring can free up cash tied in invoices so you can expand or invest in your business.

Factoring for Smaller Businesses

It’s a good solution for smaller businesses, whose resources would be better spent on day to day activities. Our dedicated credit control team collect your outstanding invoices, meaning your time is freed up to manage your business.

Factoring for Young Businesses

One of the main challenges for young businesses is securing finance for a new venture. Factoring gives you quicker access to cash without worrying about building up debt. Factoring can also help you overcome unpredictable payment cycles, meaning you can still access money tied up in invoices without having to wait for bills to be paid.

Benefits of Invoice Factoring

  • You get access to cash in 24 hours
  • You can boost your cash flow without the need for debt
  • Up to 80 per cent of your invoice is advanced to you – when we receive payment from your customer, you receive the remainder, minus our fees
  • You minimise late payments and bad debt
  • Take advantage of discounts from suppliers because with better cash flow you’ll be able to buy larger volumes or take advantage of supplier discounts for early payment
  • We can give you useful information about the credit standing of your customers, which can help you negotiate better terms with your suppliers



phone

Talk to a member of our team today +65 6922 5030

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