Application Submitted

Thank you for submitting your Invoice Finance application.

Your Reference Number

Please keep this reference number safe. You can use it to track your application status.

What Happens Next

1

Initial Review

Our team will review your application within 24 hours and assess your debtor book quality and facility requirements.

2

Contact

We'll be in touch via email or phone to discuss your application and request any additional information if needed.

3

Debtor Book Analysis

We'll conduct a detailed analysis of your debtor book to determine the optimal facility structure and limits.

4

Offer

Once approved, we'll provide you with a formal offer including facility terms, pricing, and next steps for drawdown.

Frequently Asked Questions

What's the difference between factoring and discounting?

Invoice factoring involves selling your invoices to us, and we handle collections from your customers. Invoice discounting is where we advance funds against your invoices, but you retain the customer relationship and handle collections yourself.

How quickly can I access funds?

Once approved, we can typically process your first drawdown within 2–5 working days. For urgent requirements, we can often expedite this process.

What happens if my customers don't pay?

With factoring, we typically assume the credit risk (subject to credit checks). With discounting, you retain the risk but benefit from lower costs. We'll discuss the best option for your business.

Will my customers know about the facility?

With invoice discounting, customers won't know. With factoring, we can either collect discreetly or notify customers depending on your preference and the facility terms.

What if I have overseas customers?

We can work with overseas debtors, though terms may vary depending on the country and credit profile. We'll discuss this during the review process.

How long does the full process take?

From application to offer typically takes 5–10 working days, depending on the complexity of your debtor book and how quickly you provide supporting documentation.

Need Help?

If you have any questions about your application or need to provide additional information, please don't hesitate to get in touch.