Release up to 100% of invoice value with no obligation whatsoever, and get
rates as low as 0.1%
Business Comparison is here to help business owners no matter how big or small.
Late payments and a lack of cash flow can cause major headaches for small business owners and be the difference between commercial success and failure. That’s where invoice financing can offer a valuable solution.
It is a form of short term borrowing whereby a third party will buy your invoice for a fee ensuring that a lack of cash in the here and now won’t stand in the way of your future profit. This frees up both cash and time for you to concentrate on your core business activity and on making it a success.
Depending on the type of invoice finance package you choose you can either use factoring, that’s an invoice financier to manage your sales ledger and collect money owed by your customers, or invoice discounting where you will be lent a percentage of the funds owed to you to drive your business forward, before the debts have been paid and without your customer’s knowledge.
Both routes offer a useful cash injection by providing a large and fast funding stream for your business.
Other products included under the banner of invoice finance include Forward Finance usually aimed at businesses with a lower turnover (£300,000 or less per annum), the Construction Finance sector specifically offering advances against outstanding billing tranches and Selective Finance, Single Finance and Spot Finance which are all terms commonly used for raising funds against individual invoices.
Our promise is to get you the best deal on invoice financing for your business. We offer a free, no obligation quote service so why not give it a try?