Everything You Need To Know About Invoice Finance - All In One Place
Below is everything you need to know about invoice finance (IF), all in one place. to release the cash tied up in your unpaid invoices.
REQUEST A FREE QUOTE SEARCH FOR INVOICE FINANCE PRICES or speak to Sean on 03330 113622 for help.
What Is Invoice Finance?
You could define invoice finance as: "finance provided against unpaid sales invoices, with the optional addition of credit control support and bad debt protection".
It can be broken down into:
- Invoice discounting - just finance against unpaid sales invoices.
- Factoring with collections - finance and credit control support.
Range Of Product Options
There are now numerous different product options on the market. Use our free finance product finder. Some key product options are:
- Selective or whole turnover - you can finance all your sales invoices (whole turnover) or just a single invoice or batch of transactions that you select (selective).
- Single provider or an auction-style approach - you can have a finance company provide your funding or you can use an auction-style platform to enable potential funders to bid for the right to fund your business.
Prices and Costs
Here you can find details of pricing and costs:
- How IF is priced - an explanation of how the price is structured.
- Examples of factoring prices and costs - examples of prices for different sizes of business.
- Examples of invoice discounting prices and costs - examples of the cost for different sizes of companies.
- Offers and discounts that are currently available - the list of discounts and offers that are being promoted.
- Mystery shopper pricing research - our research to find who quotes the lowest costs for particular companies.
You can speak to Sean on 03330 113622 and he will find you specific quotations for your company.
Invoice Finance Companies
Here is a: List of Invoice Finance Companies within the UK - we will happily put you in touch with any of them. The product offerings vary dramatically as do the service levels and prices.
Other Helpful Information
We have many other resources regarding these products:
- Case studies about existing IF users.
- Market research archive - all our findings and articles regarding these products/services.
- Articles - articles about our research and various aspects of these products.
- Product information - a list of the product options, with each explained.
- Information about FundInvoice - information about us and our partners.
- Help to change finance providers - support if you want to move to an alternative provider.
- FundingVoice - our free, monthly magazine, newsletter - everything about invoice finance.
