Invoice Finance

Independent Lending can provide you with an Invoice Finance solution specifically tailored to your business.  We collaborate with trusted lenders to offer invoice discounting, factoring and construction finance.  This will lead to enhanced cash flow and reduce the need for expensive overdrafts from your bank.

Our services include:

• Fast and simple set up
• Up to 90% of the value of unpaid invoices will immediately be accessible
• Provision of finance secured against your debtors
• Bad debt protection available
• Flexible and efficient funding methods
• As your business grows, your facility will grow to reflect this

How Invoice Financing Works

To enable a business to borrow a percentage of the value of its sales ledger which can be achieved using unpaid invoices as collateral, Invoice Finance is a method that can be deployed. This removes the need to provide security via second charges on your home to support a personal guarantee.  The process is confidential and your customers are unaware that you are borrowing against invoices.  As an alternative to Invoice Finance, you may opt to use an efficient credit control service to ensure that invoices are paid in a timely manner.

Invoice Financing liberates your cash flow via an upfront initial payment (this is usually up to 90% of the total invoice value).  Cash flow is the most vital factor when it comes to business growth, an indication that Invoice Finance is an effective solution if you want to expand your business operations and require funding to enable you to do so.  Unlike a bank overdraft, invoice financing will grow as your business expands.

Invoice Factoring is an adjustable funding and collections service that provides businesses with cash in a timely manner. Invoice factoring methods can release cash from unpaid invoices, with up to 85% of these funds immediately accessible.

Invoice Discounting allows you to continue collecting payments from customers yourself, with lenders funding up to 90% against outstanding invoices. This is a service that can be specifically tailored to the individual needs of businesses in industries with specific Invoice Finance requirements.

Construction Finance bespoke solutions to support the financial requirements of construction companies. Lenders experienced in funding sub-contractors working under contracts in a range of industries provide funding tailored to a company’s unique requirements.  Construction Finance solutions provide a cash advance against outstanding invoicing in order to tide you over between raising invoices and receiving payment.  This provides faster funding against uncertified payment applications.

We also offer bad debt protection up to 100% of outstanding invoices, protecting you from the risks of non-payment.

Which Sectors can use Invoice Finance?

• Manufacturing
• Haulage
• Construction
• Wholesale
• Recruitment
• Printing
• Start-up

Why Choose Independent Lending?

We will approach a number of lenders on your behalf, including banks, building societies, specialist invoice finance lenders, and niche providers.  We will advise you on selecting the lender most suited to your requirements in order to provide you with the best funding solution for your business.