Frequently Asked Questions

What is Invoice Finance?

Many businesses these days can be well run and fundamentally sound, yet constantly suffer from a debilitating shortage of cash which can eventually lead to the breakdown of profitable trading. The fact that thousands of pounds may be due next month or the month after doesn't help when the wages have to be paid today, or when the VAT inspector, Inland Revenue, or trade creditors refuse to wait any longer.

Expansion brings its own problems too. Stock levels have to increase, work in progress increases, and in particular a rapidly increasing amount of money becomes locked up in the sales ledger, waiting for customers to pay. In the meantime, your own suppliers are demanding payment for goods which you have now sold but for which the customers have not paid you. So cash difficulties are more or less inevitable.

Financing customers on a monthly account, even if they all paid on time, can tie up an unacceptably large amount of a company's resources, so that the amount of working capital left for the real business of profit generation is severely limited. But as we all know, not all customers pay on time, so the pressures becomes even greater.

Close Invoice Finance Limited relieve this pressure by providing immediate finance which is automatically geared to turnover and is not normally dependent upon whether you are willing or able to provide collateral security.

All businesses need a reliable source of working capital and a way of alleviating the difficulties that result from late payment. Funding must be directly linked to the performance of the business, providing working capital that grows as the business grows. Invoice finance can improve your cash flow by providing flexible finance linked directly to your sales, ensuring continued stability and growth for your business.

The benefits

• No more cash flow headaches, leaving you free to concentrate on growing your business.
• Obtain 'Cash on Delivery' - and still give your customers the credit terms they have always enjoyed.
• Restrictive overdrafts need never be a problem again.
• Improve return on your capital.
• Your business is unique. It needs an individually tailored cash flow solution, geared to provide your company with the working capital you need to flourish.

The Service

Flexibility is the key - we work with you to find the best possible cash flow solution to your needs. Our range of services has been developed to meet the needs of companies at various stages of corporate growth.


The process and the cost:

The procedure is simple and most funds are available within 24 hours from receipt of your invoice details:

• You send us details of your invoices.
• We credit the invoices to your account and make funds of up to 85% available within 24 hours
• You tell us how much of those funds you want
• We send you the money
• When your customer pays, we send you the balance

You will be kept informed of the balance of your account. Naturally there is some paper work involved but this is kept to a minimum

return to FAQ's