What is invoice finance?

Invoice finance is a finance facility provided by an invoice finance lender to help business owners leverage their unpaid invoices, giving them an instant cash injection into the business. Invoice finance companies enable business owners to release up to 90% of the value of their unpaid invoices within 24 hours.

On payment of the invoice from the customer, the lender will release the final amount minus any fees and charges for the service.

How does the invoice finance process work?

Invoice financing is essentially an invoice funding solution whereby payments are collected on your behalf, managed by our team of expert credit controllers so you can focus on running your business.

Invoice finance companies offer businesses a solution to maintain their own credit control processes, which therefore remains strictly confidential so your customers are unaware of their involvement.

Try our invoice financing calculator below to find out what the costs will be based on a combination of your company's turnover, the amount you'd like to release from each invoice and the average time it takes for your customers to pay you.

What are the different types of invoice finance?

There are different types of invoice finance options available to businesses depending on the situation and level of control they require in collecting their unpaid invoices. The main different types of invoice finance include: invoice factoring, invoice discounting, selective invoice discounting, debt factoring, accounts receivable factoring and spot factoring. We will work with you to find you the best invoice finance product for your business, so don't worry if you're unsure exactly which product is right for you.

What are the advantages of working with invoice finance companies like Novuna Business Cash Flow?

  • Improved cash flow - Boost your cash flow without having to wait up to 120 days for your customers to pay you

  • Digital onboarding - An invoice finance company with a revolutionary digital onboarding process, giving you quicker access to funds and the ability to take on new business remotely

  • Faster growth - Release up to 90% of the invoice straight away, and the final 10% when the invoice is settled

  • Save time - No need to chase your invoices, we can do it for you

  • No lengthy contracts - Six month trial period followed by a rolling contract

  • Award-winning service - Benefit from our award-winning client service

Is invoice finance right for my business?

Generally speaking, invoice finance facilities are best suited to companies that sell to other businesses on credit terms, and turnover more than £50,000 a year.

Expand your operations

Invest in stock, machinery or equipment

Employ new members of staff

Fix long-standing issues with cash flow

We are an award winning invoice finance company

Highly recommended by our customers

"The communication and support has been outstanding. Providing me with all the information I needed regarding new clients coming onto our books. The system they use is so user friendly and the drawdown payments are very efficient in the fast moving world of temporary payroll.'

Read the full review

Get in touch

Contact our friendly UK advisors on our freephone

0808 250 0859

8:45 - 17:15 - Monday to Thursday &
8:45 - 16:45 - Friday

Invoice finance in the UK has been revolutionised by our digital onboarding process

Why choose Novuna Business Cash Flow as your invoice finance company?

6 month trial period

A 6 month trial period so you can be sure the product is right for you, followed by a 6 month rolling contract – we don’t tie our clients in for long periods.

Digital onboarding

We are the first in the market to offer a digital onboarding process and have been leading the way with our digital capabilities allowing clients to sign up within 24 hours from the first appointment.

Client Trust Account

Once you become a client you will be given your own trust account, meaning you will get same day availability on your funds. You can also view all of your invoices and payments online at a time suitable to you, 24/7.

No uncleared effects

We have heavily invested in our digital capabilities. This includes the auto allocation of payments using Artificial Intelligence. Ultimately this advance in technology means that our clients access money quicker as well as saving money on interest charges due to auto allocation.

Simple pricing

We aim to make the process of Cash Flow finance as simple and straightforward as possible. Our pricing is very straightforward to understand. For a no obligation quote or an informal chat you can call our friendly team today on 0808 250 0859.

Award winning service

We offer award-winning client services and individual Relationship Managers who are on the other end of the phone or out in the field to visit you in person.

What our customers say

Use our calculator to find out more about Invoice Finance charges

Get a quote now Check eligibility

Please note that costs are an estimate only and are based on the entered values. Your final quote may change once a Business Development Manager has assessed your business in more detail.

Get in touch

Contact our friendly UK advisors on our freephone

0808 250 0859

8:45 - 17:15 - Monday to Thursday &
8:45 - 16:45 - Friday

Which of our invoice finance products is right for you?

Invoice Finance FAQs

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Get your invoice finance quote and find out how much cash you could unlock today

Please complete this form for your no obligation quote

If your customers are consumers, please contact our consumer finance division.

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