Award-winning invoice finance

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A guide to invoice finance for growth

Close Invoice Finance is one of the UK’s leading independent invoice finance companies, providing a truly flexible service designed to help you to improve your cash flow and benefit from more efficient financial control of your business.

How does invoice finance work?

Invoice finance (Factoring or Invoice Discounting) is a smart way to fund your business. You effectively sell us your unpaid invoices. We pay you up to 95% of their value the same day you raise them, so you have instant access to the money your customers owe you. When the debt is finally collected, we pay you the balance less an agreed fee.

Factoring works in a similar way with the added support of a credit control team who collect the payments on your behalf.

How invoice finance works Compare our products Compare invoice finance to other funding options

Is invoice finance suitable for every business?

We fund all kinds of businesses, typically with a turnover over £500k, although we do often help smaller organisations too. For invoice finance to work, you should be in a business-to-business sector. Your company must raise invoices (not deal in cash) and have a strong proof of debt, such as despatch notes for goods delivered or timesheets that back up service delivery.

Take a look at the options below or call our UK team to find out how our flexible invoice finance services could benefit your business: 0800 220 257

How our products compare

How invoice finance works

Start here

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You supply goods or
services and invoice
your customer

Forward a copy of the
invoice to Close manually
or electronically

Factoring
Funding & collections

We manage the
credit control and
handle the collection
of unpaid invoices

Your Close Invoice
Finance account
is credited with
the balance of
the invoices

Invoice Discounting
Funding only

You manage your own
credit control and
collection of
unpaid invoices

We advance you
cash at the agreed
repayment rate

Our invoice finance products

Supporting products

Online Invoice Discounting

Learn more

Factoring