Invoice Finance, help from a Broker
Invoice Financing can often be simpler and easier than traditional finance routes such as bank loans.
Been turned down for finance elsewhere because you have a poor credit history, company failures or CCJs?
If your invoices are good we should still be able to help you out.
We can arrange loans secured on your book debts starting from £50k to £5m, with a 5-day turnaround.
How does invoice finance work?
As the name might suggest, Selective Invoice Financing works by selecting particular invoices on which to raise cash. Then, the finance company pays you the balance in advance.
This a fast, flexible and discreet route to finance for companies with large invoices to clients with lengthy payment terms. There is no contractual commitment and no personal guarantee is required.
To get a business loan secured on your book debts, the finance company will take a charge on the existing outstanding amounts and provide you with a loan. You’ll get a fixed rate of interest and you’ll only pay the interest payments on a schedule as you can make capital repayments at any time or rollover the loan at the end of the term. Additionally, there’s no personal guarantee required for this type of loan.
If an interest only loan of up to £4m would support your business then this is the route for you.
Because we know that every business is different, there are routes to invoice finance which can be designed specifically based on your circumstances.
We have the contacts and expertise to put together a package tailored to your business. So, if you’re concerned that your business isn’t quite “typical” enough then don’t worry, we’ll put together an application to help you get an offer of finance which suits your situation.
Invoice finance advice
Please note: To get it right with this type of finance you really need the inside track, that's the part the salesman does not tell you...
You have to consider hidden charges, quality of customer care once signed up, and that you might be liable to lose some clients because of their verification process.
To get it right, talk to us...
“We are a successful growing company, but unfortunately in our Industry, we could not get the support we were looking for from the High Street Banks, so with a healthy debtor book just sitting there we decided to use it.
Mark has been writing for some time on the importance of choosing the right Finance Company to Finance your book debts.
Well he did everything he writes about, I was introduced to a Company Director, who was genuinely interested in what we did and how we operate, the company we saw have one of the highest client and staff retention rates.
But what I was impressed with was their can do attitude. The whole hassle free process took about two weeks.
My advice is, before financing your invoices, give Mark a call.”
“We’re very pleased with the financial solution Mark delivered for us and we still keep the direct relationship with our clients as a result. As a young and growing business, we hadn’t held out much hope of being able to find the support we needed, but having done some research, Mark was confident he could help. He’s definitely the go-to person for invoice finance.”