For businesses who raise invoices to other businesses, usually for debts that are non-disputable (recruitment, supply of goods, food and drink etc…) many of these debts can be funded via an Invoice Finance facility, where the lender pays a % of the invoice upfront, and the rest on collection from the customer in 60 – 90 days.
If you only want to fund certain invoices and not all your turnover, and you don’t want any tie-in, Selective invoice finance is an innovative option that allows you to just raise up to 70% of one invoice upfront, as needed, kind of like a “pay as you go.”
