How to use Invoice Finance?
Funding Limit
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.
Raising Invoices
When raising invoices, you’ll need to add them to our online platform called E3.
Built with business owners in mind, our 5-star rated dedicated online portal lets you quickly manage your account whenever you need to from wherever you are, on a computer or a mobile device, 24/7.
Customer repayments
When we set up your facility, we’ll open a new bank account for your business – you’ll just need to update your invoice templates with the new bank details to notify your clients.
Case Studies
See how Invoice Finance has already helped businesses keep moving:
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