What is Invoice Finance?
Invoice Finance is the process of lenders using unpaid invoices as security for funding, to provide you with fast access to a percentage of that invoice’s value within 24 hours in some cases. However the amount of money they lend you will come from their own risk criteria.
Invoice financing allows you to access funding to improve cash flow or to invest in your business from an underutilised asset.
Applying for invoice finance is straightforward and swift. Once we approve your application, you can access the funds in as little as 24 hours, providing the liquidity necessary for seamless operations.
Potential Uses for Invoice Finance
You want quick access to cash tied up in invoices, aiding in day-to-day expenses and addressing cash flow needs.
You want to fuel growth by financing initiatives like new locations, marketing, hiring, or investing in equipment.
You need help towards consolidating debts and managing payments, easing financial strain and enhancing stability.
You want to smooth out cash flow by converting unpaid invoices into immediate funds, sustaining operations during slow seasons.
Approved Finance Group understands that maintaining a healthy cash flow is paramount for sustained growth and operational stability. Our Invoice finance offers a strategic solution, bridging the gap between sales and receivables to provide immediate access to funds.
You should consider Invoice Finance if:
Ease Your Cash Flow with Invoice Finance
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 Factoring, 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.
Other Approved Finance Services For You
We understand the complexities of business finance and have the expertise to secure funding for your next venture, whether it's working capital, equipment purchases, or expansion projects. With market-leading business finance products and best-in-class rates, Approved is ideally positioned to deliver your funding solution.
Partnered
Lenders
125+
Funded For
UK Businesses
£500M
5-Star
Google Reviews
300+
Raised For
Partnered Charity
£110K
How It Works
Discover our streamlined process for securing tailored financial solutions. We keep our business finance options transparent, with no hidden fees or unpleasant surprises. This is business finance made easy. Our no-obligation application won't impact your credit score.
01
Fast Application In Seconds
Share basic information about you, your business and finance requirements by applying online or calling.
02
Understanding Your Business
A dedicated account manager will discuss your requirements and gather necessary documentation.
03
Receive Your Free Quote
We'll discover the best deals, handle applications for you, and provide a quote with no obligations.
04
Get Your Funds Fast
Once approved, we'll get funds to your preferred business bank account or pay a supplier on your behalf.