02How it works
A conversation first. Then the funding.
The sequence is simple, and it exists for a reason: to make sure any facility fits the business, rather than the business being fitted to a facility.
Step 01: Understand the business
What you sell, who you sell to, how you invoice, and where the pressure on cash actually sits. Funding conversations that skip this tend to go wrong later.
What we will ask about
- What you sell, and to whom
- How you invoice, and on what terms
- Where the pressure on cash actually sits
- Any funding already in place
Step 02: Understand the funding requirement
How much, for what, and for how long. Sometimes the honest answer is that invoice finance is not the right tool, and it is better to know that early.
Questions we work through
- How much is needed
- What it is for
- For how long
- One-off, or ongoing
Step 03: Explore suitable facility structures
Factoring or discounting. Disclosed or confidential. Whole ledger or selective. Each has implications for cost, control and how customers experience it.
Structures on the table
- Factoring or discounting
- Disclosed or confidential
- Whole ledger or selective invoices
- With or without bad-debt protection
Step 04: Review appropriate options
Providers’ terms compared side by side, in plain English: advance rates, fees, conditions and the things that only matter once you are inside the facility.
What a comparison covers
- Advance rate
- Service fee and discount charge
- Concentration limits
- Minimum term and notice
- Security and guarantees
Step 05: Move forward with the selected provider
Support through the provider’s own process, from information requests to documentation, so the business knows what is being asked and why.
Where we help
- Information requests
- Documentation
- Questions as they arise
- A point of contact once the facility is live
03What we will need
Typically requested. Nothing exotic.
Most of it already exists in the business. Having it organised is what makes the process quick.
- 01
Recent accounts
Filed accounts and, where available, recent management information.
- 02
Aged debtor listing
Who owes the business money, how much, and for how long.
- 03
Sample invoices
A few typical invoices, so the terms and the process are clear.
- 04
Main customers and terms
The customers that matter most, and how they pay.
- 05
Existing facilities
Any funding already in place, and its terms.
Exact requirements are set by each provider and vary with the facility being considered.
04What we do not do
- We do not lend. Finance is provided by third-party providers.
- We do not guarantee an outcome. Providers make their own decisions.
- We do not start with a product. We start with the business.
05Next
Start with a conversation.
No application form, no obligation. Tell us about the business and the requirement, and we will tell you honestly whether invoice finance is worth exploring.
What happens when you get in touch
- 01A short conversation about the business, its customers and how it invoices.
- 02We work out whether invoice finance is a realistic fit, and which structure.
- 03If it is, we outline the options and the providers worth approaching. If it is not, we say so.