Cityscape background
Gradient overlay

Invoice finance

Free, no-obligation consultation

No upfront fees

Access funds within 24 hours

25 years' finance experience

Access to 100+ lenders

What is invoice financing, discounting & factoring?

How does invoice finance work?

  • Invoice finance (and its cousin factoring) can be a good solution for businesses that offer credit to their customers, for example 30-day or 60-day payment terms. 

  • Offering credit to customers can lock up cash in unpaid invoices, which can create pressure on a company’s cash flow, causing difficulties in covering operating costs, or limiting business growth. 

  • Invoice finance allows businesses to unlock funds as soon as invoices are issued, increasing cash flow and allowing the business to continue to operate unrestricted. 

  • The process is simple: you just send copies of your issued invoices to the lender, who will advance up to 95% of your total invoice value within 24 hours.

  • When your customer pays the invoice, the funds will go to the lender, who will return any balance due to you, less the agreed lender fees and interest.

Client considering invoice financing to raise commercial finance

Product overview

Unlock up to 95% of your business invoice value

Get paid now, not in 30, 60 or 90 days

Receive funds within 24 hours of application

Funding is usually easy to obtain: eligibility is based on invoice creditworthiness, not your personal or business credit profile

The facility can be kept confidential, meaning your customers will be unaware of third party involvement

Credit control/collection services can be handled by the lender if preferred. This is a key feature of factoring, compared to invoice discounting

Medical professional wearing PPE

Client case studies

Rectangle gradient.png

Featured case study: PPE manufacturer

A PPE manufacturer company urgently required funds after winning a contract to supply the NHS with PPE. The new contract meant the manufacturer had to triple the amount of PPE it was able to produce each day to be able to fulfil the orders. The funds were required for new machinery, materials, and staff.

 

We were able to get the client an offer in place and funded within 7 days of them reaching out to us. This quick turnaround enabled them to get everything they needed in place to take on the new contract. They now have a facility in place which makes winning new business easy as they have a funding line they can use as little or as much of at any time.

How can we help your business?

Join our mailing list for the latest news and to gain access to exclusive content...

Where to find us

Clear Idea Finance

Saracens House

25 St Margaret’s Green

Ipswich, Suffolk

IP4 2BN

Follow us:

  • LinkedIn

Copyright © 2021 Clear Idea Finance Limited. Made of Cheddar.

"Clear Idea Finance" and "Clear Idea" are trading names of Clear Idea Finance Limited, registered in England and Wales, company number 12802771. Registered office address: Saracens House, 25 St Margaret’s Green, Ipswich, Suffolk, IP4 2BN. Clear Idea Finance Limited operates in accordance with the Data Protection Act 1998, ICO registration number ZA798967. A commercial mortgage loan is secured against property, which may be repossessed if you do not keep up your loan repayments. Clear Idea Finance Limited acts as a commercial finance advisor and credit broker and not a lender.