Cashbook Finance
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FCA-registered UK lender FRN 782472 (opens the FCA register in a new tab)

Get paid faster, and let us chase the invoices.

Release up to 90% of each invoice as soon as you raise it, and hand the job of chasing and collecting payment to us – so the cash arrives sooner and the admin leaves your desk.

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Not sure yet? Check eligibility in 2–3 minutes, or talk to a director.

Reviewed by , Director & CMO.Updated

Illustration

One invoice, start to finish

A £50,000 invoice on 30-day terms

  1. Invoice raisedDay 0
  2. Advance paid24–48 hrs after setup
  3. We collecton your terms
  4. Balance releasedless fees
Paid to you, day 1–2
£45,000
Who chases payment
Our team
When your customer pays
£4,000
£50,000
Advance rate
Customer terms

On a £50,000 invoice on 30-day terms: £45,000 advanced at 90%, £4,000 when your customer pays, a fee of about £1,000.

Illustrative only: fees of around 2% of the invoice value, here about £1,000. Actual rates and advance percentages vary by business, sector and customers.

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The simple version

What is invoice factoring?

Factoring is invoice finance with credit control included. The funder advances most of each invoice up front and then manages collections on your behalf – issuing statements, chasing politely and banking the payments. The balance, less a fee, is released once your customer pays. Because the funder collects, the arrangement is usually disclosed to your customers.

In short: it’s invoice finance with a credit-control team attached. You get the cash quickly, and someone else takes on the chasing.

In plain English · Invoice factoringAn invoice finance facility where the funder advances up to 90% of an invoice within 24–48 hours and also runs your sales-ledger collections. Customers pay the funder directly (a disclosed arrangement), and bad-debt protection can often be added.

Cashbook Finance facts. Cashbook Finance factoring is designed for UK B2B businesses that want funding plus disclosed credit control. After approval and setup, up to 90% of an eligible invoice may typically be available within 24–48 hours. Suitability and pricing depend on debtor quality, ledger concentration, disputes, dilution, trading evidence and the proposed facility.

The benefits

What invoice factoring does for your business.

  • Cash in 24–48 hours

    Up to 90% of every invoice is advanced as soon as you raise it.

    Funding that grows with you

    As your invoicing increases, so does the cash available – with no need to renegotiate.

  • Collections handled for you

    We chase and collect on your behalf – professionally and in your name – so the admin disappears.

    Time back for the business

    Stop spending hours on credit control and put that time into customers and growth.

  • Often improves payment times

    Consistent, professional chasing tends to bring payments in faster than ad-hoc reminders.

    Optional bad-debt protection

    Add cover so you’re protected if an approved customer fails to pay. About bad-debt protection

How it works

Funding up front, chasing off your desk.

  1. 1

    Raise your invoice

    Day 0 · your usual terms

    You invoice your customer and send us a copy.

  2. 2

    Draw the cash

    Typical drawdown: 24–48h after setup

    Up to 90% is advanced to you within 24–48 hours.

  3. 3

    We collect

    Day 30–90 · our credit control

    We chase and collect payment from your customer for you.

  4. 4

    Balance released

    On collection · less the fee

    You receive the balance, less a fee, when they pay.

What your customer sees

Show the invoice under invoice factoring or invoice discounting

Where to pay, and who calls.No change at all.

Because we manage collections, factoring is usually disclosed – large customers process these arrangements every day, and we always chase in a way that protects your relationships.

With discounting you keep collecting, and the arrangement is usually confidential: see invoice discounting.

Factoring vs discounting

Facility conditions

Funding plus an outsourced collections service

The service is disclosed to debtors and the collections approach must protect both cash conversion and the customer relationship.

  • Notice and payment Debtors are told where to pay and how the facility operates.

  • Collections cadence Statements, reminders, dispute escalation and account reconciliation follow an agreed process.

  • Service standards The borrower should understand who contacts customers, how disputes are handled and how reporting is shared.

Who it’s for

Who invoice factoring suits best.

Suitability profile

  • Growing businesses

    Sales are climbing faster than your admin can keep up – factoring scales your cash flow and your collections together.

  • No in-house credit control

    You don’t have a dedicated team to chase payments, or you’d simply rather not spend your time doing it.

  • Time-poor owners

    You’d rather be running and growing the business than ringing customers about overdue invoices.

  • Slow-paying customers

    Your customers stretch their terms, and firm, consistent chasing would get you paid sooner.

  • B2B on credit terms

    You invoice other businesses, and the gap between invoicing and payment is squeezing your cash flow.

Sounds like you? Check eligibility

Before you apply

What we need to review invoice factoring.

“Before recommending invoice factoring, I want to understand debtor communication, credit control support and whether disclosed funding fits customer relationships. If that cannot be explained clearly, the structure is probably not ready.”

Endrit BeqajWhat I look for first

Prepare properly

What speeds review

  • Aged debtor report and customer list
  • Sample invoices and proof of delivery
  • Customer payment terms and contact points
  • Dispute, credit-note and overdue history
  • Monthly invoice run and funding need

What slows or weakens the case

  • Customers that cannot be contacted or verified
  • Invoices already disputed before funding
  • Large old debts presented as fresh working capital

Upload them in the client portal, encrypted in transit and at rest

Verify before you share documents. Three independent registers hold the record for this firm. Cashbook Finance Limited is registered with the Financial Conduct Authority under Firm Reference Number 782472. Registered office: Cumberland House, 24–28 Baxter Avenue, Southend-on-Sea, Essex SS2 6HZ. Companies House 10723098: Active · incorporated 2017. ICO register ZB545200. The register links at the top of this page open each official record. All published figures are collected on the company facts page.

Worked example

One factored invoice.

You factor a £50,000 invoice on 30-day terms and our team chases the payment.

A credit-control service fee may be added for factoring and is quoted per facility before you commit.

One factored invoice.: the figures
Invoice value, on 30-day terms£50,000
Advanced within 24–48 hours (90%)£45,000
Discount charge, about 2% per 30 days, for 30 days£1,000
Paid to you when your customer pays£4,000
Total cost of funding this invoice£1,000 (2% of the invoice)
If your customer pays 30 days late+£1,000 in charges

Illustrative: up to 90% advanced and a discount charge of about 2% of the invoice per 30 days. Rates, advances and any service fee vary by business, sector and customers, and are confirmed in writing before you commit.

Quick answers

Invoice factoring FAQs.

All invoice finance options Case studies Factoring vs discounting Invoice finance vs business loan Invoice finance in London Invoice factoring guide

Who chases my customers?

We do. With factoring, our credit-control team manages collections on your behalf – professionally and courteously – so you don’t have to.

Will my customers know?

Yes – factoring is usually disclosed, because customers pay us directly. This is routine; large organisations handle these arrangements as a matter of course.

Can I be protected if a customer doesn’t pay?

Often, yes. Bad-debt protection can be added so you’re covered if an approved customer becomes insolvent and can’t pay.

How is it different from discounting?

Factoring includes credit control and is usually disclosed; discounting leaves collections with you and is confidential. Factoring suits businesses that want the chasing taken off their hands.

Is my business the right size?

Factoring suits growing businesses that invoice other businesses on credit terms. We’ll look at your turnover, customers and how you invoice to confirm fit.

How quickly can a factoring facility be set up?

Once the facility is approved and the paperwork is signed, eligible invoices are typically funded within 24–48 hours. Setup time depends on how quickly ledger information, contracts and customer details can be verified.

Guides on invoice factoring

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Get paid sooner, without the chasing.

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Not sure yet? Check eligibility in 2–3 minutes, or talk to a director.
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