Invoice Finance

Release the cash that’s tied up in one of your biggest assets: your invoices.

Invoice Finance Facts

Unlock your cashflow potential in less than 24 hours

Waiting to be paid is hard on any business. Invoice Finance lets you use your sales ledger as an asset which you can borrow against. It’s a simple way to release the cash that’s tied up in unpaid invoices. Instead of waiting weeks or even months to be paid, the cash can be in your account within 24 hours.

Perfect for any businesses selling to other businesses on credit
Up to 95% of your unpaid invoice value
Up to £10m funding
Facility set up within one week. Funds are then paid within 24 hours of receiving invoices
Revolving working capital facility that grows with your sales
Tailored facility: choose to add confidentiality, collection services and bad debt protection

Download introducer fact sheet Download business fact sheet

Let’s get things moving

If you would like to talk to us about any funding needs, call us on 0800 121 7757, register as an Introducer or request a quote for your business today

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What is Invoice Finance?

Invoice Finance is a simple funding solution based on one of your assets: your sales ledger. When your business issues an invoice to a client we advance you up to 95% of its value. You then receive the remaining balance minus our fee when your client pays. This means you can still offer credit terms to your clients and they still get the usual time to repay your invoices, but you get to access the cash value straight away – we deposit the funds into your account within 24 hours of receiving the invoice.

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It eases the day-to-day pressures of cashflow and boosts your working capital. Instead of waiting weeks or months to be paid, you can unlock the value of your invoices within 24 hours of raising them.

As you use your ledger as an asset to secure the funding, you won’t need to put any unsecured or personal loans into your business to keep it moving.

Our full support service means we can also chase your debtors for you, enabling you and your team to spend more time on keeping your business moving.

Who is Invoice Finance For?

The short answer is any UK business that sells to other businesses on credit, whether they’re a limited company, a sole trader or a partnership. Waiting to be paid is a universal pain point for most businesses – regardless of their sector. But with an Invoice Finance facility, you don’t need to wait for the invoice to be paid to use the cash you’re owed.

Our clients span across many industries:

Manufacturing
Construction
Agriculture
Transport
Retail
Telecommunication
Technology
Engineering
Health
Food
And many more

How to use Invoice Finance?

Businesses who sell to other businesses on credit terms looking to strengthen their cashflow or increase their working capital could use Ultimate Finance’s Invoice Finance solution to unlock up to 95% of the value of unpaid invoices, enabling them to access the cash immediately.

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When you apply for an Invoice Finance facility with us, we’ll agree a funding limit based on several factors: your current turnover, the credit terms you offer your clients but also your business requirements. As we’re here to help you meet your ambitions, we’ll allow for some buffer to help you grow, and we’ll regularly review your facility so that it keeps moving with your business.

We’ll also agree a prepayment percentage – up to 95% of the invoice value – which we’ll pay into your account as your invoices are raised. When your customers repay, you get the remaining balance minus our fee.

Frequently Asked Questions

Both have their benefits and can help businesses access much needed working capital. In our eyes, some of the biggest differences are:
- The support that comes with an Invoice Finance facility: all of our facilities are managed by a dedicated Relationship Manager whom we carefully match to a business based on industry and geographical location.
- The flexibility and optional features of Working Capital finance: credit control, debtor protection and best for seasonal businesses
- The ease of management: as a rolling facility there is no date a business need to repay by, and our user-first online customer portal allows for 24/7 management and reporting
What makes our facilities stand out from other providers however is the breadth of service and support that comes with them. With a dedicated team of experts, 24/7 account management through a user-friendly online portal and access to a vast array of resources through regular articles, events and our Partnership network, businesses benefit from much more than just the funding they need. That’s why our clients and Introducers have consistently awarded us the industry leading score of 4.9 out of 5 on Trustpilot and chosen us as their funding partner of choice and we were named Lender of the Year at the 2022 Yorkshire Financial Awards and Invoice Finance Lender of the Year at the 2021 SME Funding awards.
Waiting to be paid is hard on any business. That’s why we offer access to up to 95% of the value of unpaid invoices within 24 hours of them being raised. We also offer additional breathing room and peace of mind with optional credit control and debtor protection features.

Invoice Finance solutions help to manage the daily challenges of cashflow to ensure businesses needn’t worry about having access to the capital they need to keep their business moving, be it to order more stock, trade with new customers or pay employees at the end of the month.
Factoring and Invoice Discounting are a type of Invoice Financing and the difference between them is quite simple:

Factoring allows you to get the money you’re owed without the wait but we chase up your invoices for you.

Invoice Discounting offers the same benefit of Factoring, but you’re responsible for keeping the relationship with your customers and chasing invoices when necessary.

Find out more about factoring and discounting here.

“Their offer was far better than that of any other potential lenders we had previously spoken to and we are more than happy with everything so far. Excellent service, super-friendly staff with a personal touch, reasonable fees and the world’s easiest portal to keep track of everything on.”

Why choose Ultimate Finance?

At Ultimate Finance we have over 20 years’ experience in providing businesses with the right funding solutions to help keep their business moving.

Since 2002, we have become the funding partner of choice of thousands of businesses of all sizes and across all industries. Our Invoice Finance solutions all come with:

Dedicated support from specialist Relationship Manager
24/7 account management via online portal
Award-winning service rated 4.9/5 on Trustpilot

Invoice Finance calculator

How much money could your business release from outstanding invoices?

What is your average yearly turnover, including VAT?

You could access up to

£0

with an Invoice Finance facility.

Based on a 45 days repayment term and 95% advance rate.

Calculated figures are for illustrative purposes only and are not an offer of finance.

Get in touch

Fill in our quick form or call our team on 0800 121 7757 to get funded

Contact us

Factoring vs discounting

We offer both factoring and invoice discounting.

You get up to 95% of the value of your invoices within the same time frame.

Debtor Protection

Debtor Protection is an additional service provided by Ultimate Finance which works alongside an existing Invoice Finance facility and can help protect a business from bad debts either as a result of a customer’s insolvency or protracted non-payment.

The main reason our clients choose to add this is for peace of mind when offering their customers credit terms. Debtor Protection can help prevent damages to cashflow and profitability.

At times of economic uncertainty and rising insolvencies, it makes good sense to protect what is often the largest asset on a business’ balance sheet – trade debtors.