Release Cash Quickly with Invoice Finance

The Wise way to fund your business growth

Release Cash Quickly with Invoice Finance

The Wise way to fund your business growth

What is Invoice Finance?

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.

Our Invoice Finance Services

Invoice Factoring

Invoice Factoring is a popular choice for newly established or growing businesses. The funder will advance between 85%-90% of the invoice value and manages the credit control on your behalf, confidentially if required.

Invoice Discounting

Invoice discounting is a valuable financial tool for businesses seeking enhanced cash flow management. With invoice discounting, businesses maintain control over their sales ledger while unlocking the cash tied up in outstanding invoices.

Single Invoice Financing

Single invoice finance, also known as Spot Factoring, allows you to receive an advance against single or selected invoices. This can be used as and when required, without the need for any long-term commitment.

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Revolving Credit Facilities

Established businesses with a turnover above £1M often prefer a revolving credit facility. With no requirement to upload invoices and typically available without a personal guarantee, a revolving credit facility is a fantastic ‘In case of need’ product.

Construction Finance

In the construction industry, Construction Finance is used to release cash against your applications for payment or payment certificates. It can also be used in other industries that receive staged or milestone payments throughout the term of a contract.

Switching Funder

If your Invoice Finance facility is due for renewal, it’s worth reviewing your fees, service levels, funding amount and concentration limits to see if there is a better deal, or a more suited facility on offer in the market.

How Invoice Finance Can Help You

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.

The Latest Invoice Finance News

The Latest Invoice Financing News

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The History of Wise Factoring

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.

Learn About Invoice Financing

Invoice Factoring vs Invoice Discounting Explained! Updated for 2023

What is Construction Finance or Construction Factoring?

Single Invoice vs Selected Invoice Finance – Differences and fees explained