Invoice finance is when the lender uses an unpaid invoice as security for funding, giving you quick access to a percentage of that invoice’s value quickly, sometimes within 24 hours. The amount of money a provider will lend you is based on its risk criteria. The benefit of this method of funding is that it allows you to access finance for cash flow or investment purposes, using an often overlooked asset on your balance sheet.

This financing option allows you to tap into the value of an underutilised asset on your balance sheet, providing essential liquidity for positive cash flow or investment needs.

There are primarily two types of invoice finance available, invoice factoring and invoice discounting.

As unpaid invoices are used as security, invoice finance facilities decrease the gap between an invoice being raised and actual cash flow, with some businesses advancing up to 95% of the invoice value in a matter of days.

Provide Finance helps you get the invoice finance you want, fast. With access to over 200 approved lenders, all with competing rates and terms to secure your business invoice finance business, we can put your enquiry in front of a range of pre-approved finance providers where you can screen, shortlist and choose. Start matching with lenders today.