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.
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Pages in this SectionHow 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?
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.
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 reviewGet 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.
Use our calculator to find out more about Invoice Finance charges
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 Factoring
Invoice Discounting
Payroll Finance
Credit Protection
Invoice Finance FAQs
- What charges can I expect with invoice finance?
- Who should consider Invoice Finance brokers?
- Is invoice financing a good idea?
- Is Invoice finance in the UK suitable for small businesses?
- How does invoice financing work?
- Are invoice finance brokers regulated in the UK?
- What is invoice financing in the UK?
What charges can I expect with invoice finance?
We were the first provider to offer a one fee solution from 0.45% to 5% of your turnover depending on the size of your business. As your invoice finance broker, you can expect:
- No hidden fees
- No extras
- No set up costs
You can use our invoice calculator to give you an estimate of price and to understand how much cash you could release back in to your business by using Invoice Finance.
Who should consider Invoice Finance brokers?
UK based Small-to-Medium sized businesses (SMEs) with the following criteria should consider invoice finance brokers:
- Invoicing other businesses
- Are starting up, growing or established
- Have a turnover above £50,000 per year
We cater for a wide range of sectors, including manufacturing, transport, professional services and recruitment.
Is invoice financing a good idea?
Invoice financing has become a popular solution for businesses due to its simplicity and providing funding to businesses quickly to improve their working capital. Waiting 30 - 90 days to receive payment of invoices or late invoice payments can put a financial strain on a business.
To avoid running into cash flow problems, businesses can use an invoice financing provider to secure a percentage value of the unpaid invoice upfront. The lender will collect the money once the invoices have been settled along with a percentage fee.
Is Invoice finance in the UK suitable for small businesses?
Invoice finance provides an alternative finance solution to traditional forms of finance such as loans, lines of credit and overdrafts which often come with a multitude of eligibility requirements. The mechanics of providing funding for unpaid invoices to improve the cash flow of a business works the same for any size of business.
In order to be eligible for Novuna Business Cash Flow:
- Your business has to be invoicing other businesses (not consumers)
- You can be starting up, growing or well established. We support many businesses at different stages with their growth ambitions
- If your business is a new start, we prefer homeowners, but if not please still get in touch as we will look at each business individually
- Your business needs to have a minimum turnover of £50,000 per year
How does invoice financing work?
A business raises invoices as they normally would and the invoice details are passed on to the invoice finance provider, who will then release a percentage of the value of the unpaid invoice upfront.
With Novuna Business Cash Flow, our revolutionary digital onboarding process allows businesses to be set up from first appointment to release of funds within 24 hours for smaller SMEs and up to 7 days for larger corporate businesses.
Depending on the invoice finance agreement entered, the business or the invoice finance provider will chase payment for the unpaid invoices. Once the invoice has been paid, the invoice finance provider will release the remaining balance minus a small fee for the service.
Are invoice finance brokers regulated in the UK?
Invoice finance services are not currently regulated by the FCA (Financial Conduct Authority). To ensure integrity and a fair service is provided, UK Finance have an industry-wide code of conduct. The regulation of the invoice finance industry would most likely lead to an increase in the costs associated with invoice financing. Not being regulated ensures the costs of invoice financing are kept down for the consumers seeking to utilise invoice finance for an instant cash injection for their business.
What is invoice financing in the UK?
Invoice financing in the UK is where an invoice finance provider buys a business’s unpaid invoices for a fee. The provider will often provide a percentage value, usually up to 90%, of the invoice upfront in the form of a loan.
Once the client has paid the invoice, the lender will collect the balance in addition to a small fee. This means businesses can free up cash flow and don’t have to wait to receive payment for their goods or services. There are 2 main types of invoice finance: Invoice Factoring and Invoice Discounting.