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Product

Invoice factoring

Release up to 95% of an invoice, today

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What it is, in plain English.

Invoice factoring lets you draw cash against unpaid invoices the day you raise them. The lender funds against the invoice, then takes responsibility for collecting payment from your customer.

Ideal if you'd rather not chase late payers, or if your finance function is lean.

How it works.

1

Raise the invoice

You invoice your customer as normal and upload it to the lender.

2

Get funded

Up to 95% of the invoice value lands in your account, typically same-day.

3

Lender collects

The lender's credit control team chases and collects payment from your customer.

4

Balance released

When the customer pays, the remaining balance is released to you, less fees.

Best for

  • SMEs without dedicated credit control
  • Businesses with concentrated debtor books
  • Sectors with predictable invoicing (recruitment, haulage)

Not the best fit

  • Businesses needing confidentiality from customers
  • Businesses with very low average invoice values
  • B2C trading

What it costs.

Indicative ranges. Your exact pricing depends on turnover, sector and debtor quality.

Service fee
0.5 to 3% of turnover
Covers credit control and ledger management
Discount fee
BoE base + 2 to 5%
Charged on funds drawn
Arrangement fee
One-off
Set at facility inception
Minimum monthly fee
May apply
Lender-dependent

See what you'd release.

Move the slider to your typical invoice value. We'll show what hits your account and what it costs.

What's your invoice worth?

£50,000
£5k£500k
Released to you now£47,500
Held back until your customer pays£2,500
Time to fundsas little as 24 hours
See my full quote

No obligation. Speak to your broker for tailored terms.

Works particularly well for

RecruitmentHaulage & logisticsManufacturingWholesale

Common questions.

Yes. With factoring, the lender contacts your customers directly to collect payment. If you need confidentiality, invoice discounting is the better fit.

Compare with other facilities