How to Get Invoices Paid Faster

How to get invoices paid faster

While trading on credit terms brings several benefits to businesses, it also brings the threat of late payment, and you may need to dedicate time to ensuring you get your invoices paid faster.

Whether you offer terms to customers of 14, 30 or 90 days, you will almost always need to pay suppliers to fulfil an order in advance of getting paid. This means that cash flow can be tied up for long periods, particularly for companies which invoice at month end.

Similarly, this can leave your cash flow at the mercy of your customers. If they don’t pay on time, it can be challenging to manage the cash flow implications. There are, however, a number of ways to get invoices paid faster in order to improve your cash flow.

Hilton-Baird can work with you every step of the way to help you get paid sooner and maintain a healthy cash flow, either by introducing your business to the most suitable cash flow finance solutions as well as a specialist in recovering your unpaid invoices quickly and effectively.

Call our team on 0800 9774833 or request a call back to discuss your requirements.

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5 ways to get invoices paid faster

  1. Invoice early and issue regular reminders to your clients
  2. Use invoice finance to release funding against invoices
  3. Work with a debt collection agency to recover unpaid invoices soon after they become overdue
  4. Expand the number of payment methods you are able to accept
  5. Include late fees in your terms and enforce them when invoices become overdue
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Why choose Hilton-Baird Financial Solutions?

With over 20 years’ experience as a commercial finance broker, we’ve seen a wide range of situations where businesses have struggled with cash flow as a result of trading on credit terms – and the complications of not getting paid soon enough by customers.

If you need to get your invoices paid faster or require support with your cash flow, we can use our extensive expertise to introduce the most suitable solutions for your specific requirements.

Wholly independent and regulated by the Financial Conduct Authority, we work with businesses to improve their cash flow every day.

To discuss your options in more detail, call our cash flow specialists on 0800 9774833 or email request a call back.

Some of the funders we work with

  • Metro Bank SME Finance
  • Peak Cashflow
  • InvoCap
  • Sonovate
  • Santander Corporate & Commercial
  • Giant
  • Ultimate Finance Group
  • Leumi ABL
  • Woodsford Tradebridge
  • Investec
  • Optimum Finance
  • eCapital Commercial Finance
  • MaxCap
  • IGF Invoice Finance
  • Accelerated Payments
  • Merchant Money
  • Roma Finance
  • PNC Business Credit
  • Nationwide Finance
  • Kriya
  • Davenham Trade Finance
  • Lloyds Bank Commercial Finance
  • Close Brothers Invoice Finance
  • Skipton Business Finance
  • Clear Factor
  • Tradeplus24
  • Pulse Cashflow Finance
  • Time Finance
  • Partnership Invoice Finance
  • Barclays
  • Team Factors
  • Davenham Asset Finance
  • Blazehill Capital
  • Royal Bank of Scotland
  • ABN AMRO Commercial Finance
  • Aldermore Invoice Finance
  • 4Syte
  • Cynergy Business Finance
  • Castlebridge
  • Berkeley Trade Finance Ltd
  • Praetura Invoice Finance
  • Haydock Finance Ltd
  • Regency Factors

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