INVOICE
FINANCE
GET PAID FASTER
Ease cash flow problems or simply just speed up the payment process.
APPROVED INVOICE FINANCE - UP TO 90% OF THE INVOICE VALUE
From Factoring to Discounting, Invoice Finance can be one of the best ways to ease cash flow problems
If your business regularly generates invoices for customers, Invoice Finance might be a valuable cash flow strategy for your business. So, why wait? Get paid fast and efficiently.
The product is simple, lenders pay you in advance for the value of the invoice immediately. Instead of waiting days or weeks for your invoices to be paid by customers, your business can get paid faster for completed work, allowing you to concentrate on running your business.
Invoice finance can come in a variety of forms, most commonly; Invoice Facctoring, Invoice Discounting or even Spot Factoring. Which product is right for you? It's simple, just ask yourself, how much control do you want. Once Approved Business Finance has established your wants and needs, we can identify the right Invoice Finance product for you.
OPTIONS
By working with over 70+ specialist lenders, we will source the best finance product to suit your needs.
LOW RATES
Our relationships with lenders and suppliers enables us to secure best in class rates across all industry sectors.
EFFICIENT
Asset based finance or ongoing access to funds, with fast application and decision. Funding possible in 24 hours.
EXPERIENCE
Our Account Directors have facilitated over half a billion in funds for more than 5,000 businesses.
USE THE APPROVED
BUSINESS FINANCE CALCULATOR
To help you better understand the cost of business finance we've created this calculator. You'll be able to get an indicative idea of what it would cost you to secure that piece of equipment, growth funding or working capital to support your business needs.
Sounds great, take me to the calculator!
USE THE APPROVED
BUSINESS FINANCE CALCULATOR
To help you better understand the cost of business finance we've created this calculator. You'll be able to get an indicative idea of what it would cost you to secure that piece of equipment, growth funding or working capital to support your business needs.
Sounds great, take me to the calculator!
Invoice Finance FAQ
What is Invoice Finance?
Invoice Finance is a finance product which allows your business to paid for completed work by borrowing funds against unpaid invoices. Lenders consider invoices as the security they need to release funds to you.
How quickly will I receive funds?
Invoice Finance secures the funds immediately. However, you will need to wait for payment terms to lapse e.g. 14 days, 30 days or 90 days. You will receive a percentage of the invoice funds immediately, which could be anything up to 90% of the invoice value.
How is Approved different to traditional banks and lenders?
With over 70+ lenders on our panel, our flexibility is unmatched. Your business needs are personal and specific to you, that's why we match your requirements with a lender or lenders who can best facilitate your needs.
What is Invoice Factoring?
Invoice Factoring is the invoice finance product which allows for the most involvement with the lender. Credit Control services are provided by the lender to ensure that your customer pay on time. Many businesses enjoy this type of product as you are able to have sole focus on your business, instead of chasing late-payments.
What is Invoice Discounting?
Invoice Discounting is arguably the most simple of the Invoice Finance products. Unlike Invoice Factoring, you will be responsible for Credit Control. This product is generally more attractive to more established businesses, e.g. a business may already have an accounts or credit control team, however the need to be paid immediately on invoices is vital to the business cash flow.