Invoice finance
Recruitment business trying to expand
Learn how a UK recruitment agency fuelled expansion with the right finance. Real case study & funding solutions insights from Nexgen Business Finance
Read the full story →Invoice finance turn unpaid invoices into cash
Stop waiting 30, 60 or 90 days to get paid. Invoice finance releases up to 90% of your outstanding invoices, often within 24 to 48 hours, from £5,000 to £10 million.
- Up to 90% advanced
- Funds often within 24–48 hours
- Confidential options
- Scales with your sales
Nexgen Business Finance Limited is a credit broker, not a lender, and an Appointed Representative of AFS Compliance Limited, authorised and regulated by the Financial Conduct Authority (FRN 625035).
Invoice finance UK
What is invoice finance?
Invoice finance lets a business that sells to other businesses on credit borrow against its unpaid invoices. A provider advances typically 70% to 95% of each invoice straight away, then pays you the balance, minus fees, when your customer pays.
It is ideal if you offer 30-day or longer payment terms and late payments are holding back growth, payroll or supplier payments. Because the facility is linked to your sales ledger, the funding available grows as your sales grow.
You can choose confidential invoice discounting, where you keep control of collections and customers don't know, or factoring, where the provider runs credit control for you. Selective options let you finance individual invoices only.
Key features
Immediate cash flow
Access up to 90% of invoice value, often within 24 hours.
Tailored to you
Factoring, discounting or selective invoice finance.
Confidential options
Invoice discounting keeps the arrangement invisible to customers.
Scales with sales
£5,000 to £10 million, growing as your turnover grows.
No extra collateral
Your invoices are the main security for the funding.
Credit control support
Factoring can take collections off your hands.
What businesses use it for
- Paying suppliers
- Meeting payroll
- Taking on bigger contracts
- Seasonal peaks
- Buying stock
- Bridging late payments
Factoring vs invoice discounting vs selective
| Factoring | Invoice discounting | Selective | |
|---|---|---|---|
| Who collects payment | The provider | You | You or the provider |
| Do customers know? | Yes | No (confidential) | Depends |
| Credit control included | Yes | No | Sometimes |
| Best for | Smaller firms wanting admin support | Established firms with strong credit control | One-off or occasional needs |
Case studies
Invoice finance client stories
Published stories relevant to this funding route.
Historical outcomes do not guarantee similar finance terms or results.
How it works
How to get invoice finance
Tell us what you need
A two-minute enquiry or a quick call.
We search 100+ lenders
Matched to high-street, specialist and niche lenders.
Get a decision
Options and terms, often within hours.
Sign and get funded
E-sign and funds are released.
Ongoing support
Same account manager for future funding.
Client reviews
What our clients say
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FAQs
Invoice finance questions
What is invoice finance?
Invoice finance lets UK businesses selling B2B on credit terms quickly access cash tied up in outstanding invoices. Instead of waiting weeks or months for payment, a provider advances funds, usually within 24 to 48 hours.
What are the main types of invoice finance?
Factoring, where the provider manages your sales ledger and collects payments, and invoice discounting, a confidential option where you keep control of collections. Selective invoice finance lets you fund individual invoices.
How much funding can I access?
Lenders typically advance 70% to 95% of the value of eligible invoices. The rest, minus fees, is paid when your customer settles. The rate depends on the lender, your industry and your customers' credit profile.
How much does invoice finance cost?
Costs are usually a service fee (a percentage of turnover or a fixed fee) plus a discount charge, similar to interest, on the money you draw. We'll show the full cost of each option before you choose.
Will my customers know?
Not with confidential invoice discounting. With factoring, the provider collects payments, so customers usually know.
Explore
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Read the guideReady to see what you could borrow?
Two minutes online, no obligation, and no effect on your credit score. A specialist will come back with real options from 100+ lenders.