How does Invoice Finance work?
With invoice finance, a business can borrow a percentage of the value of its sales ledger, using unpaid invoices as collateral and not having to provide security via second charges on your home to support a personal guarantee.
It can be confidential so your customers will never know you are borrowing against the invoices, or you could have a service that will help with the credit control of the business ensuring invoices are paid on time.
Invoice finance frees up cash flow with an upfront initial payment (typically up to 90% of the gross invoice value).
The biggest issue with company growth is cash flow and so invoice finance is ideal if you’re eager to expand your business but need a little help with the funds required to get you there. Unlike an overdraft it will grow with your business.
What sectors can use Invoice Finance?
Your invoices need to be business to business (B2B) and the following sectors are available:
- ✔ Start Up
- ✔ Manufacturing
- ✔ Haulage
- ✔ Printing
- ✔ Construction
- ✔ Recruitment
- ✔ Wholesale
This list is not exhaustive, other sectors can be looked at contact us in Bath, Bristol and throughout the South West to discuss if we can help.
We’ll approach a panel of lenders on your behalf which will include specialist invoice finance lenders, niche providers, banks and building societies. Then we will select the most suitable lender for you in order to achieve the best funding solution.
We pride ourselves on our ability to deliver bespoke funding to clients in order for them to meet their business goals, so contact us in Bath, Bristol or anywhere throughout the South West to discuss how SWBF can help you.
READ OUR REVIEWS
Since the beginning of 2018 we have had an association with Zoe Morgan of South West Business Finance. For us it has proved to be an outstandingly successful relationship as together with Zoe’s vast knowledge and contacts within the financial lending industry we have been…
South West Business Finance (SWBF) guided us throughout the process adding and securing the correct financial product for our development , allowing us to decide the best deal from a range of lenders they have available. The professionalism was second to none throughout, even when…
The service from Zoe at SWBF was great. We purchased a HMO from auction with a complex long term lease in place. Zoe guided us through the bridging finance to ensure we could complete within the 6 weeks. Zoe became an essential point of contact,…
Thank you for assisting Essential 6 Ltd in negotiating a commercial mortgage with favourable rates enabling us to successfully complete on our new business premises. The guidance and commercial acumen that you provided was sound and greatly assisted us in the process.
I am so pleased that I decided to speak with you before starting my search for a lifestyle change. I had always thought I would like to run my own business and after many months and considerable research I decided that a B&B business would…
It was an absolute pleasure working with SWBF and we would highly recommend them to other companies seeking development finance. We were introduced to this amazing company after several stressful years of expensive failures trying to obtain funding on a development site with other agents.…
SWBF assisted one of my clients with raising finance. The team suggested a cost effective solution, and the finance was put in place with a very quick turnaround. There was regular and timely communication throughout, and personal service. I would not hesitate to recommend them.…
“Excellent Service across the board! SWBF have gone above and beyond to help us secure the best value finance available. They’ve secured us various financial products including: New Build Development Finance >£1m-£5m range Portfolio Finance >£1m A great team, with tried and tested experience from…
I consider your service to be excellent and will certainly use you again/ endorse to fellow colleagues.
You have been absolutely marvellous and thank you for helping me through this process. I will recommend you highly to anyone that needs your services.
We have recently completed the redevelopment of a 1 retail acre site and SWBF assisted us during the process giving us good advice and raising cost effective finance which importantly met our requirements. The team has extensive knowledge of the banking and finance industry and…
As a company involved in the acquisition of complex mixed use residential and commercial residential properties in Bath and the wider South West region, we require bespoke and occasionally complex finance Solutions to enable and support our progressive listed building purchases. SWBF provide insightful, esoteric…