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• 29 Jun

  Selective Invoice Finance For 2 Invoice Paid Out In Just 3 Days

  

  Selective invoice finance provides funding against individual invoices or batches of invoices. This means that you don't have to wait for the invoices to be paid before you receive the majority of the funds against them.

  A financier will provide a prepayment of the majority of the invoice value, with the balance (minus fees) passed to you when your customer pays.

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  Selective Invoice Finance Against 2 Invoice In Just 3 Days

  In this particular case, we were able to assist a relatively new business that had just two invoices against which they required funding.

  No Minimum Annual Fees

  Of course, we would love our client to reuse the facility in the future, however, they are not obligated to do so. Also, they are not subject to any minimum annual fees common with whole turnover invoice financing. They are at liberty to finance these two invoices and never use the facility again should they wish.

  Selective Invoice Financing

  The funding was provided via a selective invoice finance facility, that we arranged for them via one of our panel of finance companies. Many funders are only interested in financing all the invoices of a company, however, some will provide funding selectively. This also enables a client to carefully control the costs of their facility.

  Rapid Funding

  In this particular case, speed was important, so we arranged for the two invoices to be funded within three days of initial contact with our client. The ability to release finance quickly with this type of rapid funding can be ideal if a business is looking for a quick cash flow boost to finance operations.

  The funding can be used for almost any purpose, e.g., funding growth, taking on large orders or paying suppliers. If you need a quick cash boost, but only want to get a few invoices funded, we will happily make a similar introduction for your company.

  By Glenn Blackman