INVOICE FINANCE
Source Asset Finance is also a broker of Invoice Finance for new start-up businesses and SME’s. There are many different terms for this form of finance including: Factoring, Invoice Discounting, Accounts Receivable Finance, Debt / Debtor Finance and Single Invoice Funding. They are all very similar, with a few differences like whether the facility is confidential or not. They all release cash tied up in your invoices, when you have given your customer extended payment terms. Invoice Finance can also be used to buy a business or make an acquisition. Read more below.
If You're New To Invoice Finance...
What is Invoice Finance?
A facility that enables you to release up to 90% of the value of the invoices you raise to your customers, the same day that you raise them, instead of waiting for your customers to pay you. The other 10% is released, when your customer has paid.
Finance Products:
- Invoice Finance
- Invoice Discounting
- Selective Invoice Finance
- Invoice Finance With Bad Debt Protection
How Exactly, Will It Help My Business?
Release cash tied-up in your invoices, on day 1.
Grow your business faster.
Get discounts for paying your suppliers early
We chase the invoice payments for you
Free-up your staff's time
Select which invoices you want to use
If You're Already Using Invoice Finance...
Maybe it’s time for a change?
If you have an existing Invoice Finance facility but would like to see if you’re getting the best value for your money, then we can help. With access to over 100 banks, including the cheapest in the market, it might be worth a quick chat.
Finance Products:
- Invoice Finance
- Invoice Discounting
- Selective Invoice Finance
- Invoice Finance With Bad Debt Protection
How Exactly, Will It Help My Business?
Multiple funders to choose from
New products you don't know about
Better service than you are getting now
Compare the deals on offer
Select which invoices you want to finance.
