Invoice Finance

Invoice finance is a crucial funding option for growing businesses. It allows you to draw funds against your invoices when they are raised rather than waiting on payment terms of up to 120 days in some cases. You can have an invoice facility regardless of whether you are a new start or fully fledged business and the finance is not sector dependent. Options are available for businesses in recruitment to wholesale, and construction to manufacturing. 

There are several types of funding that is available against invoices:

Confidential

A solution for those who already have a solid financial system in place, CID provides working capital against your invoices without the need for a lender to operate your credit control. Utilizing CID can offer short term working capital when your business needs it most. In some instances, your money will be released immediately. 

Factoring

This is a flexible and cost effective alternative to bank loans and overdrafts for start-ups and other fledgling businesses. Your business gets instant access to the cash flow you need to grow without having to worry about high interest rates or inflexible long term repayment terms.

Selective

Selective invoice finance allows you to factor a particular debtor or group of debtors within your company’s wholesale ledger. This is unlike a traditional factoring facility where you are required to factor your whole turnover and sales ledger. With spot factoring, cash can be released from a single invoice at any time within its payment cycle. 

Full Asset Based Lending

Asset Based Lending (ABL) provides funding against the value of the multiple assets within your business, including debtors, stock plant & machinery and property. With asset based lending, the cash held within these assets is then released to provide additional working capital.

 If you like to speak to us about this or any of our finance options please email us on contact@femalefounder.finance or use our contact form here