What is invoice factoring and how does it work? +
Invoice factoring lets you release cash tied up in unpaid invoices. A finance provider advances up to ~90% of the invoice value now, then pays the balance (minus fees) when your customer settles.
What’s the difference between factoring and invoice discounting? +
With factoring, the provider can manage collections/credit control on your behalf. With invoice discounting, you keep control of chasing payments and the facility is usually more confidential.
Are your providers FCA-regulated? +
Yes. We only match you with reputable, FCA-regulated UK lenders and brokers to ensure transparent pricing, fair treatment and robust data protection.
How fast can I get funded? +
Once approved, many providers can advance cash within 24 hours of uploading verified invoices. Onboarding typically takes a few days once documents are submitted.
What industries do you cover? +
We support most UK SMEs, with strong options for Construction, Transport/Logistics, Recruitment (temp payroll), and Manufacturing (including export factoring).
What does it cost? +
Fees vary by sector, debtor quality, volumes and facility type. You’ll see like-for-like quotes showing service fees, discount rates (interest), minimums and any setup/termination fees before you decide.
Do I have to factor every invoice? +
Not necessarily. Many providers offer selective or spot factoring so you can choose which invoices—or customers—to fund.
Will factoring affect my customer relationships? +
Providers perform credit checks and verify invoices professionally. If you prefer discretion, ask about confidential facilities or invoice discounting where you keep credit control.
Am I eligible if I’m a startup or have limited trading history? +
Yes, several lenders support early-stage businesses, provided you issue invoices to creditworthy UK (or export) customers on agreed payment terms.
What documents will I need to apply? +
Typically: recent bank statements, aged debtor/creditor lists, sample invoices, customer contracts/POs, and basic company/ID details. Your matched providers will confirm exactly what’s required.
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