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Invoice finance
Release cash tied up in unpaid invoices rather than waiting 30, 60 or 90 days to be paid. Factoring and invoice discounting.
Comparison table in progress. We publish a table only once every figure in it is sourced to the lender. Until then, here is what this finance is and what to weigh. For a live sourced comparison now, see business loans.
How it works
A lender advances most of an invoice’s value, often 80 to 90%, as soon as you raise it, and you get the rest, minus a fee, when your customer pays. Factoring hands debt collection to the lender; invoice discounting keeps it with you and is confidential.
What to compare
The service fee, the discount charge on the money advanced, whether it is whole-book or selective, and how easily you can leave. Table in progress.