Invoice Finance UK

Invoice finance in the form of factoring and invoice discounting is currently being used by over 41,500 companies at the end of last year according to statistics released by the invoice finance trade association. These companies generate a combined turnover in excess of £200 billion making invoice finance a mainstream finance product as opposed to the niche product it once was.

Invoice finance sounds simple and one would think that there is little to choose between the couple of dozen invoice finance companies that make up the majority of the marketplace but the reality is far from simple as there are significant operating differences between the various finance companies, many of which are not immediately apparent.

There are many pitfalls to be wary of and the invoice finance facility that is right for one could be the kiss of death for the next as apart from operational differences there are also huge variations between the efficiency of the credit control and sales ledger functions between one funder and the next.

Invoice Finance UK are one of the longest established specialist factoring and invoice discounting brokers around and we know which funder actually delivers on their promises as sadly too many don’t. Our advice is completely without obligation and free of charge as we don’t charge any fees at all so why not telephone us for an informal chat but before you do you may wish to read some of our notes on the pitfalls of invoice finance

Invoice Finance UK