# Invoice Finance UK | Release Up to 90% Source: https://www.cashbookfinance.co.uk/invoice-finance Last updated: 2026-10-31 Publisher: Cashbook Finance Limited > Invoice finance for UK B2B businesses: release up to 90% of approved unpaid invoices and compare factoring, discounting, eligibility, costs and key risks. FCA-registered UK lender FRN 782472 ## Get paid now for work you’ve already done. New to invoice finance? Receive most of an invoice’s value straight away, instead of waiting 30, 60 or 90 days for your customer to pay. Here’s exactly how it works. [Start an application](https://www.cashbookfinance.co.uk/apply?product=invoice) Not sure yet? [Check eligibility](https://www.cashbookfinance.co.uk/eligibility) in 2–3 minutes, or [talk to a director](https://www.cashbookfinance.co.uk/book-call). Illustration Cash received · this invoice A £50,000 invoice on 30-day terms - **Invoice value** £50,000 - **Paid to you, day 1–2** £45,000 - **When your customer pays** £4,000 Invoice value £50,000 Advance rate 70% 80% 90% Customer terms 30 60 90 Adjust the invoice, advance rate and customer terms to see the mechanics of an illustrative facility. Illustrative only: a discount charge of around 2% of the invoice value. Actual rates and advance percentages vary by business, sector and customers. Here the fee is about **£1,000**. Check eligibility In brief ### The short answer first. The five things a director would tell you on a first call. Everything below is the detail behind them. [Check eligibility in 2–3 minutes](https://www.cashbookfinance.co.uk/eligibility) Cashbook Finance · Invoice finance #### Term sheet, in brief Indicative · confirmed in writing before you commit - **Who it’s for** UK businesses selling to other businesses on credit terms, typically with £50,000+ turnover and 6+ months trading - **How much** Up to 90% of approved invoices, in facilities from £10,000 to £1 million - **How fast** Usually 24–48 hours from an invoice, once the facility is set up - **What it costs** A service fee and a discount charge, both agreed in plain terms before you sign - **How it’s repaid** By your customers paying their invoices, not by fixed loan instalments Figures are typical ranges, not an offer. Your advance rate and fees depend on your customers, sector and ledger. [Download the product sheet](https://www.cashbookfinance.co.uk/downloads/cashbook-finance-invoice-finance-product-sheet.pdf) · PDF · 460 KB The simple version ### What is invoice finance? In plain English A funding facility where, after approval and setup, a lender advances most of the value of an eligible unpaid invoice – typically up to 90% – usually within 24–48 hours of submission. When your customer pays, you receive the remaining balance, less the fees agreed in writing. It’s not a loan you pay back in instalments; it’s an advance on money you’re already owed. **An everyday analogy:** It’s like a cash advance on a pay cheque you’ve already earned. The work is done and the invoice is sent – instead of waiting weeks for the money, most of it lands now, and the rest follows when your customer pays. **Cashbook Finance facts.** Cashbook Finance provides invoice finance to UK B2B businesses, with facilities from £10,000 up to £1m. Eligibility and pricing depend on receivables, debtor quality, concentration, evidence and the agreed structure; decisions are case-specific. #### It’s your money, early. You’re unlocking cash you’ve already earned – not borrowing against the future. #### It grows as you grow. The more you invoice, the more funding is available – no need to keep re-applying. #### No property needed. It’s secured mainly against your invoices, not your home or premises. How it works ### Four simple steps, line by line. 1 #### You raise an invoice Day 0 · your usual terms Carry on invoicing your customers exactly as you do today, on your usual payment terms. 2 #### We advance up to 90% Typical drawdown: 24–48h after setup Once the facility is live, submit an eligible invoice. Most of its approved value typically reaches your account within 24–48 hours. 3 #### Your customer pays Day 30–90 · as normal They pay as normal. With confidential discounting they need never know a funder is involved; with factoring, we can collect for you. 4 #### You get the balance On collection · less the fee We release the remaining amount, minus a small, agreed fee – and your funding refreshes for the next invoice. The cost About 2%, all in A £1,000 fee for having £45,000 about a month early. Your headroom then refreshes for the next invoice. A worked example #### £50,000 invoice, made simple. 30-day terms · INV-2048 Received in all · **£49,000** - **Day** Description · Amount · To you - **0** Raised: you invoice your customer. · £50,000 · £0 - **1–2** Advanced (90%): after setup, an eligible invoice is typically drawn within 24–48 hours. · +£45,000 · £45,000 - **30** Balance: the held-back £5,000 less a ~2% fee. · +£4,000 · £49,000 You receive £49,000 in total – the cost of having £45,000 a month early is around £1,000 (about 2% of the invoice). Cash-flow timeline #### Drag the day your customer pays. One invoice on 30-day terms, paid 15 days late. Move the payment day and see when the cash arrives, with and without invoice finance. **Example figures only.** Invoice value 15 days past 30-day terms Without invoice finance 45 days waiting · **£100,000** · when your customer pays With invoice finance **£80,000** · 80% advanced · **£20,000 less fees** · balance, when paid Customer pays on Day 45 Without invoice finance, £100,000 arrives on day 45, 45 days after you invoice. With invoice finance, £80,000 (80%) is typically available within 24–48 hours of the approved invoice being uploaded, once the facility is live; the £20,000 balance, less fees, follows when your customer pays on day 45. Illustrative dashboard #### See a facility work, week to week. An illustrative view of a facility: as you invoice, availability builds with your sales ledger, and the reserve comes back as customers pay. **Example figures only – not client data.** Available to draw · **£127,301** · 80% of invoices outstanding, week 13 Invoices outstanding · **£159,126** · About 45 days of sales Reserve released · **£60,254** · Paid as customers settle, 13 weeks Availability builds with your ledger · Available to draw · Invoices outstanding New invoices each week · **£25,217** Reserve released as customers pay · **£4,827** **Show the figures as a table** - **Week** Invoiced · Outstanding · Available · Reserve released - **1** £23,235 · £146,620 · £117,296 · £4,448 - **2** £23,394 · £147,623 · £118,099 · £4,478 - **3** £23,554 · £148,634 · £118,907 · £4,509 - **4** £23,715 · £149,651 · £119,721 · £4,540 - **5** £23,878 · £150,675 · £120,540 · £4,571 - **6** £24,041 · £151,707 · £121,365 · £4,602 - **7** £24,206 · £152,745 · £122,196 · £4,633 - **8** £24,371 · £153,791 · £123,032 · £4,665 - **9** £24,538 · £154,843 · £123,875 · £4,697 - **10** £24,706 · £155,903 · £124,722 · £4,729 - **11** £24,875 · £156,970 · £125,576 · £4,762 - **12** £25,045 · £158,045 · £126,436 · £4,794 - **13** £25,217 · £159,126 · £127,301 · £4,827 Illustrative only, before fees: the cash-flow gap simulator’s example – £100,000 invoiced a month today, 30-day terms, customers 15 days late, 3% monthly growth, an 80% advance. Real availability depends on approved invoices, exclusions, concentration limits and reserves. [Model your own figures](https://www.cashbookfinance.co.uk/calculator#cash-flow-gap) Fit check ### Useful when the sales are real, but the cash arrives late. Signals we look for #### Likely a good fit if - You sell to other businesses on credit terms. - Your customers are established and usually pay, but not quickly. - You need working capital for payroll, suppliers, stock or growth. - You want funding that can scale as your invoice ledger grows. See how [invoice finance changes from start-up to scale-up](https://www.cashbookfinance.co.uk/insights/invoice-finance-startup-scaleup). Sounds like you? [Check eligibility](https://www.cashbookfinance.co.uk/eligibility) #### Probably not the first answer if - Most sales are to consumers rather than businesses. - The invoices are disputed, overdue or hard to evidence. - You need a one-off lump sum unrelated to customer invoices. - Your customers cannot be verified or contacted where required. - One customer dominating the ledger without enough payment history. Lending judgement #### Where invoice finance stops fitting. Invoice finance is not a substitute for completed, enforceable B2B debt. Where sales are consumer-led, heavily disputed or not yet earned, another structure – or no funding – is the honest answer. - [**Why invoice finance gets declined** · Weak debtors, disputed invoices and poor evidence beat optimistic turnover every time.](https://www.cashbookfinance.co.uk/insights/why-invoice-finance-applications-are-declined) - [**What makes a ledger attractive** · Repeatable debtor quality matters more than a single large invoice.](https://www.cashbookfinance.co.uk/insights/what-makes-a-debtor-ledger-attractive) - [**Recourse vs non-recourse** · Who carries the bad-debt risk, what cover costs and what it excludes.](https://www.cashbookfinance.co.uk/insights/recourse-vs-non-recourse-invoice-finance) #### What speeds review - A current aged debtor report - Recent sales ledger and sample invoices - Top customer list with normal payment terms - Proof of delivery, signed timesheets or purchase orders where relevant - Terms of business and any dispute or contra history Upload them in the client portal, encrypted in transit and at rest Checklists: [invoice finance preparation](https://www.cashbookfinance.co.uk/downloads/invoice-finance-checklist.pdf) (PDF · 220 KB) and [debtor ledger quality](https://www.cashbookfinance.co.uk/downloads/debtor-ledger-quality-guide.pdf) (PDF · 220 KB) The options ### One idea, a few flavours. Who should collect from your customers? We do, confidentially Cashbook does it for us What needs funding? Our whole sales ledger One invoice or customer Weekly contractor payroll Supplier orders Likely route: **Invoice discounting**. The final structure depends on assessment and the facility terms. **Invoice discounting** · Likely route You keep collecting and stay in control. Usually completely confidential – your customers see no change. - **Ongoing or occasional** Ongoing - **Customer awareness** Often confidential - **Credit control** Business retains control - **Typical use** Established finance teams Explore invoice discounting **Invoice factoring** · Likely route We run credit control and chase payments for you – lifting the admin so you can focus on the work. - **Ongoing or occasional** Ongoing - **Customer awareness** Usually disclosed - **Credit control** Collections support included - **Typical use** Funding plus debtor management Explore factoring **Selective invoice finance** · Likely route Fund just one invoice or one customer when you need to – no whole-ledger commitment. - **Ongoing or occasional** Occasional - **Customer awareness** Depends on structure - **Credit control** Varies - **Typical use** One-off funding requirements Explore selective funding **Timesheet finance** · Likely route Built for recruiters: pay your contractors weekly while clients pay you monthly. - **Ongoing or occasional** Ongoing - **Customer awareness** Structure dependent - **Credit control** Varies - **Typical use** Recruitment and temporary labour Explore timesheet finance **Trade finance** · Likely route Pay suppliers on confirmed orders. - **Ongoing or occasional** Transaction based - **Customer awareness** Varies - **Credit control** Not applicable - **Typical use** Confirmed orders and goods purchases Explore trade finance - [**Bad-debt protection** · Optional cover so you’re protected if an approved customer can’t pay.Learn about protection](https://www.cashbookfinance.co.uk/bad-debt-protection) - [**Growing with you** · As your sales rise, your available funding rises too – automatically.Discuss a scalable facility](https://www.cashbookfinance.co.uk/apply) Each route is a starting point; the final structure depends on assessment and the facility terms. Not sure which fits? The [eligibility checker](https://www.cashbookfinance.co.uk/eligibility) takes 2–3 minutes and suggests a likely route to confirm with a director. Proof you can check ### Judge us on the record. “The team understood that our main pressure point was weekly payroll rather than a lack of profitable work. The process focused on the quality of our customers, approved timesheets and the invoices we had already earned.” **Managing Director, UK Recruitment Company** · Recruitment and staffing [View all case studies](https://www.cashbookfinance.co.uk/case-studies) · [Invoice finance in London](https://www.cashbookfinance.co.uk/invoice-finance-london) Invoice finance · Verified anonymised case study · Recruitment and staffing #### Recruitment business funds weekly payroll while customers pay monthly A recruitment firm needed payroll liquidity while customers paid in 30–60 days. - **Situation** Two customers dominated the ledger; one required approved timesheets. - **Amount range** £150,000–£250,000 facility - **Outcome** A timesheet-backed facility with concentration controls stabilised payroll funding. Client voices #### Invoice finance clients, in their own words. “The application process was clear and commercially focused. We understood what information was needed, why it was needed and which parts of our ledger could support funding.” **Director, Recruitment Company** · Recruitment and staffing “Communication was direct throughout the transaction. The team examined the supplier, customer order, margin and delivery timetable rather than looking at the purchase order in isolation.” **Commercial Director, Distribution Business** · Wholesale and distribution “The team took time to understand how our invoices were raised and when they became payable. The proposed structure reflected our actual billing cycle rather than forcing us into a standard template.” **Managing Partner, Professional Services Firm** · Professional services **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](https://www.cashbookfinance.co.uk/company-facts) page. Quick answers ### Invoice finance FAQs. **Is it a loan?** Invoice finance is not a conventional term loan repaid through fixed instalments. It is funding advanced against eligible receivables, and the customer payment normally clears the related advance. Legal and accounting treatment depends on the agreed structure. **Will my customers know?** Only if you want them to. Invoice discounting is confidential; factoring is disclosed because we handle collections on your behalf. **What does it cost?** Two simple parts: a service fee for running the facility, and a discount charge for the funds you draw – both agreed up front in plain terms. Roughly 2% of the invoice in the example above. **How quickly will I be funded?** After the facility has been approved and set up, an eligible invoice is typically drawn within 24–48 hours of submission. Setup timing is separate and depends on verification, due diligence, documentation and the proposed structure. **How much can I advance, and up to what limit?** Commonly up to 90% of each invoice upfront, with the balance released (less fees) when your customer pays. Facilities run from £10,000 to £1m and grow automatically as your sales grow. **What if a customer doesn’t pay?** Standard facilities are “with recourse” – if an invoice is still unpaid after an agreed period (commonly ~90–120 days), the advance on that invoice reverses. Optional bad-debt protection covers you if a customer becomes insolvent. **What would make this difficult to fund?** Concentrated debtors, disputed invoices, weak evidence of delivery, consumer debtors or customers that cannot be verified. **What improves the decision?** Clean aged debtors, clear payment history, signed terms, sample invoices and a straight answer on what the cash is needed for. **What should I prepare before applying?** An aged debtor report, recent invoices, customer names, payment terms and a short explanation of payroll, supplier or growth pressure. **Can I leave the facility later?** Yes. Facilities run for an agreed term with a stated notice period, and both are set out in writing before you sign. If your needs change, we explain the notice, any minimum fees and how outstanding invoices are settled on exit. Further reading ### All guides on invoice finance - [Asset-based lending vs invoice finance](https://www.cashbookfinance.co.uk/insights/asset-based-lending-vs-invoice-finance) · Compare - [CHOCs: client handles own collections](https://www.cashbookfinance.co.uk/insights/chocs-client-handles-own-collections) · Guide - [Construction invoice finance: CIS and retentions](https://www.cashbookfinance.co.uk/insights/construction-invoice-finance-cis-retentions) · Sector - [Export invoice finance](https://www.cashbookfinance.co.uk/insights/export-invoice-finance) · Guide - [Facilities that pair with invoice finance](https://www.cashbookfinance.co.uk/insights/funding-options-with-invoice-finance) · Funding - [Factoring vs invoice discounting](https://www.cashbookfinance.co.uk/insights/factoring-vs-invoice-discounting) · Compare - [How invoice finance fixes cash flow](https://www.cashbookfinance.co.uk/insights/invoice-finance-cash-flow) · Cash flow - [Invoice discounting guide](https://www.cashbookfinance.co.uk/insights/invoice-discounting-guide) · Guide - [Invoice factoring guide](https://www.cashbookfinance.co.uk/insights/invoice-factoring-guide) · Guide - [Invoice factoring vs business loan](https://www.cashbookfinance.co.uk/insights/invoice-factoring-vs-business-loan) · Compare - [Invoice finance application checklist](https://www.cashbookfinance.co.uk/insights/invoice-finance-preparation-checklist) · Checklist - [Invoice finance costs explained](https://www.cashbookfinance.co.uk/insights/invoice-finance-costs-explained) · Costs - [Invoice finance for digital media agencies](https://www.cashbookfinance.co.uk/insights/invoice-finance-digital-media-agencies) · Sector - [Invoice finance for recruitment agencies](https://www.cashbookfinance.co.uk/insights/invoice-finance-recruitment-agencies) · Sector - [Invoice finance from start-up to scale-up](https://www.cashbookfinance.co.uk/insights/invoice-finance-startup-scaleup) · Guide - [Invoice finance glossary](https://www.cashbookfinance.co.uk/insights/invoice-finance-glossary) · Glossary - [Invoice finance vs business loan](https://www.cashbookfinance.co.uk/insights/invoice-finance-vs-business-loan) · Compare - [Invoice finance vs overdraft](https://www.cashbookfinance.co.uk/insights/invoice-finance-vs-overdraft) · Compare - [Late payment and UK SME cash flow](https://www.cashbookfinance.co.uk/insights/late-payment-cash-flow-uk-smes) · Cash flow - [Recourse vs non-recourse invoice finance](https://www.cashbookfinance.co.uk/insights/recourse-vs-non-recourse-invoice-finance) · Compare - [Selective vs full-ledger invoice finance](https://www.cashbookfinance.co.uk/insights/selective-invoice-finance-vs-full-ledger) · Compare - [Single invoice factoring](https://www.cashbookfinance.co.uk/insights/single-invoice-factoring) · Guide - [Supply chain finance vs invoice finance](https://www.cashbookfinance.co.uk/insights/supply-chain-finance-vs-invoice-finance) · Compare - [Trade finance vs invoice finance](https://www.cashbookfinance.co.uk/insights/trade-finance-vs-invoice-finance) · Compare - [What makes a debtor ledger attractive](https://www.cashbookfinance.co.uk/insights/what-makes-a-debtor-ledger-attractive) · Guide - [Why applications are declined](https://www.cashbookfinance.co.uk/insights/why-invoice-finance-applications-are-declined) · Guide - [Working capital benefits](https://www.cashbookfinance.co.uk/insights/working-capital-benefits) · Cash flow Start an application ### Put the invoices you’ve earned to work. [Start an application](https://www.cashbookfinance.co.uk/apply?product=invoice) Not sure yet? [Check eligibility](https://www.cashbookfinance.co.uk/eligibility) in 2–3 minutes, or [talk to a director](https://www.cashbookfinance.co.uk/book-call). Introducing a client? [Work with us as an intermediary](https://www.cashbookfinance.co.uk/intermediaries). --- Cashbook Finance. Cashbook Finance Limited is registered with the Financial Conduct Authority under Firm Reference Number 782472. Company number 10723098. Registered office: Cumberland House, 24–28 Baxter Avenue, Southend-on-Sea, Essex SS2 6HZ. Registered with the Information Commissioner’s Office under reference ZB545200. All finance is subject to eligibility, satisfactory due diligence, credit approval and agreed terms. Invoice finance, trade finance and bridging finance may not be suitable for every business. The availability, structure, amount, pricing, fees, security requirements and completion timescales of any facility will depend on the applicant’s circumstances, the quality of the supporting evidence provided and our assessment of the proposed transaction. Any figures, examples, rates or timescales shown on this website are for illustrative purposes only and do not constitute an offer, commitment or guarantee of finance. Terms and conditions apply. Bridging finance is secured against property. Your property may be repossessed if you do not maintain repayments on a loan secured against it. Applicants should obtain independent legal, financial and tax advice where appropriate.