Invoice Finance

Invoice Finance

Invoice finance, a popular choice for UK businesses, offers swift access to up to 95% of invoice amounts within a day or two, enhancing cashflow and accelerating growth. With this option, you can complete orders, issue invoices, and receive payment in 48 hours or less. You retain control of your sales ledger, maintaining confidentiality, or delegate payment pursuit to the lender. This allows you to unlock funds from unpaid invoices or finance materials for fulfilling orders, offering flexibility.


What is Invoice Finance?

  • Invoice finance benefits B2B small and medium-sized companies.
  • Enables faster payment, often within 24 hours.
  • Businesses receive a significant portion of each invoice upon issuance.
  • Uses unpaid invoices as the basis for a loan or advance.
  • Suitable for companies with a minimum £30,000 annual turnover.
  • Works for businesses with payment terms of 14 days or more.
  • Swoop’s network of UK invoice finance lenders can provide up to 95% of invoice value.
  • Particularly useful for asset-poor businesses without collateral for bank loans.
  • Unpaid invoices serve as collateral, eliminating the need for additional security.

What are the different types?

  • Invoice financing (or invoice discounting)
  • Invoice factoring (or account receivables financing)
  • Selective invoice finance (choosing to finance specific customer accounts)
  • With invoice financing, the company borrows against their unpaid bills. They retain control of their sales ledger and are responsible for collecting unpaid sums. With invoice factoring, the company sells their sales ledger to a third-party lender (the factor), who collects the unpaid sums.

How does it work?

  • Invoice finance uses unpaid invoices as security for funding, providing fast access to a portion of the invoice value, typically within 48 hours.
  • You can receive between 75% to 95% of the invoice value.
  • You maintain control of your sales ledger and are responsible for collecting payments from customers.
  • Customers make payments into a trust account that appears to be under your control, not the lender’s.
  • Once the loan is repaid, with interest and fees deducted, the balance is transferred to your bank account.
  • In most cases, customers are unaware that you used the invoice as loan collateral.
  • Invoice financing can cover your entire sales ledger or selectively chosen invoices (selective receivables financing).
  • It operates similarly to revolving credit or short-term bank loans but typically doesn’t require collateral or personal guarantees from owners or directors.

What are the interest rates?

  • Typical interest rates range from 1.5% to 3% over Bank of England base rate and are calculated daily.
  • Credit management fees typically vary from 0.25% to 0.5% of turnover. Invoice financing costs are similar to many traditional forms of business funding, such as overdrafts and bank loans.

Click below to begin the process of applying for invoice finance

The types of finance we can offer

We can offer a wide range of funding options that include the following:

Business Loans

Let us help source the right business loans for you

Commercial Mortgages

Funding for commercial mortgages and buy-to-let purchases

Property Development

A range of development finance options catered to your specific needs

Bridging Finance

Funding for that urgent purchase or refinance when time is tight

Residential Mortgages

For individuals who wish to purchase their own home

Invoice Finance

Keep cash flow moving and get paid quicker for your products and services

Portfolio Landlord

For individuals or investors who own a portfolio of properties

Asset Finance

Sourcing the equipment you need without disrupting your cash flow

Buy-To-Let Mortgages

For individuals or investors who wish to purchase residential property to let

Multiply Finance Ltd is a member of the National Association of Commercial Finance Brokers.

Multiply Finance Ltd is a member of the Federation of Small Businesses.

Get In Touch

Our finance experts are on hand to take your call, email or respond to your message.

Multiply Finance Limited,
Censeo House,
6 St Peter's Street,
St. Albans,


Multiply Finance Limited trading as Multiply Finance is an Appointed Representative of Connect IFA Limited 441505 which is Authorised and Regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference 929261. The FCA do not regulate some forms of Business Buy to Let Mortgages and Commercial Mortgages to Limited Companies. The information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. Your property may be repossessed if you do not keep up repayments on your mortgage. There will be a fee for mortgage advice, the precise amount will depend upon your circumstances.

Multiply Finance Limited Registered Address: Egale 1 80 St Albans Road, Watford, Herts, England, WD17 1DL Registered in England and Wales No: 12561172

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Commission disclosure: We are a credit broker and not a lender. We have access to an extensive range of lenders. Once we have assessed your needs, we will recommend a lender(s) that provides suitable products to meet your personal circumstances and requirements, though you are not obliged to take our advice or recommendation. Whichever lender we introduce you to, we will typically receive commission from them after completion of the transaction. The amount of commission we receive will normally be a fixed percentage of the amount you borrow from the lender. Commission paid to us may vary in amount depending on the lender and product. The lenders we work with pay commission at different rates. However, the amount of commission that we receive from a lender does not have an effect on the amount that you pay to that lender under your credit agreement.

How to make a complaint - It is our intention to provide you with a high level of customer service at all times. If there is an occasion when we do not meet these standards and you wish to register a complaint, please write to: Compliance Department; Connect IFA Ltd, 39 Station Lane, Hornchurch, RM12 6JL or call: 01708 676110. If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service.