Is your business growth hampered by cash flow constraints? Could faster access to your revenue help your business expand and take advantage of new opportunities? If so, invoice finance could be the solution you’re looking for.

The term ‘Invoice finance’ covers a range of funding solutions that allows businesses to access a percentage of the money owed to them by their customers, before payment is received. Instead of waiting for weeks or even months for your customers to pay, invoice finance providers can advance you a significant portion of the invoice value within 24-48 hours, enabling you to improve cash flow, allowing you to invest in your business growth and having the working capital available to meet your own financial commitments.

If your business sells products or services to other businesses and you offer 30, 60, 90 or even 120-day payment terms, you should be eligible for an invoice finance facility. 

Invoice finance is a very common working capital solution for business in the following industries: Manufacturing, Transport and Logistics, Recruitment, Printing, Wholesale, Construction and many more. This can be used to advance funds for your UK and International clients.

Wise Factoring have a panel of over 50 funders from High Street Banks to the many excellent Alternative Finance Providers on the market. We can guide you through all the options available and make the introductions when you are ready to take the next step.

Once an invoice finance facility is set up, you will have control over your cash flow and no more worrying about late payments or extended payment terms putting a squeeze on your working capital. You can take on as much extra work as you can handle, knowing you have a reliable source of funding in place. This allows you to meet your own financial commitments and concentrate on growing your business and increasing your bottom line.

In August 2014 after a 20-year career in Telecoms and Technology sales, our Managing Director Phil Murphy set up Wise Procurement Limited. Phil moved to the other side of the desk, using his experience to help businesses improve their procurement processes and negotiating better deals for a variety of products and services.

During those first few years, cashflow kept coming up as the main issue for our clients and invoice factoring was the obvious fit in many cases. By 2018, 99% of our work was in the invoice finance space. We created a new trading style called ‘Wise Factoring’ and we have been 100% focussed on Invoice Finance ever since.