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How does invoice financing work?
Invoice Finance works by advancing the cash you are due to receive from the invoices your customers have yet to pay. It means you no longer have to wait the 14 to 120 days you have agreed with your customers before receiving payment so you can immediately reinvest for a smoother cash flow.
There are many added extras available with invoice financing which can be tailored to your needs such as credit collection and payroll facilities. This is why the Touch Financial team can help and explain all of your options and provide with two or three quotes from the best fit lenders. Best of all, there is no charge for using our service.
Invoice factoring could allow access to up to four times as much cash compared to what may be available in more traditional bank overdraft facilities. Includes credit collection services.
Likely Advance £0
Total fees £0 pm
Discount Fee (interest): £0pm (£3 pa)
Service Fee: £0pm (£5,000 pa)
* Rates and Likely Advance are indicative only but based on averages from clients assisted by Touch in the last 3 years. For a more detailed understanding of the fee structure and calculation for your business please feel free to complete our no obligation quote form and one of our Consultants will call you today.
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All of the customers in our case studies have been kind enough to share their knowledge and experience of the products we provide.
"Very polite and a professional team of financial advisers who seem to know their business, work well within their industry and get a result."-Invoice Finance Introduction
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