Invoice Finance

For businesses with established procedures

Invoice Finance allows your company to raise working capital by converting your trade debts into cash.

It is a confidential facility and as far as your customers are concerned, everything works just as it did before.

You receive up to 85% of the value of invoices once you notify us of them electronically using our FacFlow™ system.

FacFlow™ is easy to use and reduces the administration associated with an Invoice Finance Facility by allowing you to notify sales and to access funding.

Invoice Financing provides a significant cash injection to your business which can be used to fund working capital requirements.

When your debtor pays the invoice and the amount is remitted to us in full, the 15% balance (less our charges) is paid to you.

Who is eligible?

Companies that:-

• are well managed
• produce up to date audited and management accounts
• sell on credit terms
• invoice for completed work
• record strong proof of delivery
• have a good spread of quality debtors
• maintain good credit control and sales ledger systems
• generate a turnover in excess of £500,000
• operate in sectors such as
  • Manufacturing
  • Wholesale
  • Distribution
  • Export*
• the product may also suit fast growing start-up companies

* Appropriate credit insurance may be required