What is Invoice Finance?
Invoice finance, sometimes know as invoice discounting or invoice factoring, is one of the simplest ways to boost your business cash flow and increase your business' working capital by raising cash against your invoices.
Invoice finance allows your business to raise cash against your sales invoices before your customers have paid you.
What are the benefits?
- Raise cash quickly and easily - You receive cash within 24 hours of a sales invoice being raised, improving your business cash flow and working capital.
- Flexible finance - You will only pay interest on the funds you borrow. You can even raise cash against single invoices.
- Keep it confidential - Invoice finance can be arranged confidentially if you don't want your customers and suppliers to know you're using an invoice finance service.
Looking for one-off finance on a single invoice?
Some businesses only need single invoice finance for things like large one-off jobs - banks may not be interested in financing this but Ashley can provide up to 94% (inc. VAT) of the invoice's value within 3 hours via our simple RaiseIt service.