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Invoice Finance

What is Invoice Finance? How does it work?

Whether you’re looking to improve your cash flow or secure funds for expansion, invoice finance is a fantastic funding tool which supports businesses at any stage of the business lifecycle.

Invoice finance solutions allow you to access up to 90% of an outstanding invoice’s value within 24 hours of its issue, releasing funds that would have been tied up to pay suppliers, take advantage of new opportunities and reinvest in growth. The remainder is then forwarded once customers pay, less the funder’s fees.

There are several additional options with invoice finance that are designed to help businesses with different requirements.

As an award-winning and independent invoice finance broker, Hilton-Baird Financial Solutions has a proven track record of helping businesses secure the most suitable invoice finance and wider commercial finance facilities.

If you’re looking for a finance facility to support your business’s cash flow, start today by using our instant quote tool to see how much funding you could release with invoice finance.

Why use invoice finance?

Invoice finance suits a wide range of funding requirements for businesses that trade on credit terms.

Having money tied up in unpaid invoices can restrict businesses of all sizes. By using invoice finance, it’s possible to access this cash to reinvest into the business, fulfil new orders, meet general running costs or secure discounts through early payment.

It is also an extremely flexible source of finance as facilities grow in line with the business. The more invoices you raise, the more funding that’s available, and certain facilities can also help to protect your business against late payment and bad debt.

Which solution is best for you?

Invoice finance can be tailored to suit the individual needs of different businesses.

While factoring and invoice discounting provide funding against the entire sales ledger, it is also possible to fund single invoices to help with short-term cash flow requirements; for instance, invoices of a particularly high value or those supplied on longer-than-usual credit terms.

Read more about the different options or contact us on 0800 9774833 to discuss your requirements with a specialist invoice finance broker.

Invoice Factoring

Invoice factoring is an invoice finance facility that includes a dedicated sales ledger management service and can additionally incorporate bad debt protection. This is often the best solution for smaller businesses as, in addition to the funding element, it removes the burden of credit control.

Learn more about invoice factoring

Invoice Discounting

Invoice discounting on the other hand keeps the sales ledger management function in house, making it great for companies where this process is already running smoothly and when you would prefer to retain full control of your client relationships. Facilities are typically provided confidentially and can also include bad debt protection.

Learn more about invoice discounting

Single Invoice Factoring

Single invoice factoring offers the option to fund single invoices rather than the whole sales ledger. If your business has no long term funding requirements but raises high value invoices that may create a short-term cash flow headache, this funding option can be ideal.

Learn more about single invoice factoring

Payroll Finance

In addition to the funding element that ensures temporary workers’ wages are paid on time, payroll finance provides recruitment companies with back office and administrative support such as calculating complicated tax deductions, managing credit control functions and bad debt production.

Learn more about payroll finance

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Why use an invoice finance broker

Invoice finance is a great option for a lot of businesses due to the benefits it offers, but with the variation in facilities and number of different lenders on the market it can be hard to find the facility that’s right for you.

As an independent invoice finance broker, at Hilton-Baird Financial Solutions we specialise at reviewing businesses’ individual requirements and identifying the most appropriate funding facility and lender.

Whether you’re sure that invoice finance is right for you and aren’t sure which solution or provider is best, or you want to look at all your options for funding, we can help.

Either use our instant quote tool to get started on your search for funding or call us on 0800 9774833 to talk to one of our brokers.

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Invoice finance has been the ideal facility for us, helping to fund our cash flow and enabling us to grow at the rate we have. We couldn’t be happier.

Peter Doyle, Managing Director, NXP Europe Ltd

Some of the funders we work with

  • Close Brothers Invoice Finance
  • Nucleus Commercial Finance
  • Creative Capital
  • Investec
  • Secure Trust Bank
  • Davenham Trade Finance
  • Regency Factors
  • Bibby Financial Services
  • Ultimate Finance Group
  • InvoCap
  • Davenham Asset Finance
  • Giant
  • Partnership Invoice Finance
  • 4Syte
  • Lloyds Bank Commercial Finance
  • Santander Corporate & Commercial
  • Metro Bank SME Finance
  • Trade Finance Partners
  • Positive Cashflow Finance
  • inFund
  • iwoca
  • 1pm
  • Calverton Finance
  • Gener8 Finance
  • IGF Invoice Finance
  • Shawbrook Business Credit
  • Royal Bank of Scotland
  • Woodsford Tradebridge
  • Asset Advantage
  • Pulse Cashflow Finance
  • ABN AMRO Commercial Finance
  • Merchant Money
  • Peak Cashflow
  • Skipton Business Finance
  • Haydock Finance Ltd
  • Roma Finance
  • MarketFinance
  • Team Factors
  • PNC Business Credit
  • Catalyst Finance
  • Aldermore Invoice Finance
  • Berkeley Trade Finance Ltd
  • Barclays
  • Boost Capital
  • Leumi ABL
  • Sonovate

Authorised and regulated by the Financial Conduct Authority (FCA number 730445)
We are a credit broker and not a lender and offer credit facilities from a panel of lenders

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