# Selective Invoice Finance UK Source: https://www.cashbookfinance.co.uk/selective-invoice-finance Last updated: 2026-10-31 Publisher: Cashbook Finance Limited > Selective invoice finance for UK B2B businesses that want to fund one approved invoice or customer without committing the whole sales ledger. FCA-registered UK lender FRN 782472 ## Fund one invoice. Commit to nothing else. Choose a single invoice – or a handful – to turn into cash, with no whole-ledger facility, no long contract and no minimum-fee tie-in. Flexible funding for exactly when you need it. [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 Choose the invoices Fund 1 invoice · £38,000 selected INV-3301 · Northfield Logistics · £12,600 · Funded · Not funded INV-3302 · Kestrel Build Ltd · £38,000 · Funded · Not funded INV-3303 · Harbour Foods · £7,450 · Funded · Not funded INV-3304 · Arden Health Group · £21,900 · Funded · Not funded - **Advanced at 90%** £34,200 - **Fee, these invoices only** £760 - **Rest of the ledger** £41,950 Advance rate 90% One invoice, or a handful – no whole-ledger facility. Illustrative only: a fee of around 2% on the invoices you fund. Actual rates and advance percentages vary by business, sector and customers. Check eligibility The simple version ### What is selective invoice finance? Selective (or [single-invoice](https://www.cashbookfinance.co.uk/insights/single-invoice-factoring)) finance lets you raise cash against individual invoices you choose, rather than financing your entire sales ledger. You pick the invoice, draw most of its value up front, and pay a fee only on what you actually use. There’s no obligation to fund every invoice and no long-term commitment – it’s funding on your terms, when it suits you. **In short:** it’s pay-as-you-go invoice finance. You use it for the invoice that matters, leave the rest alone, and only pay for what you draw. **In plain English · Selective / single-invoice finance** · An on-demand facility that funds chosen invoices rather than the whole ledger. You receive up to 90% of a selected invoice’s value, with no whole-turnover commitment, no long tie-in, and a fee charged only on the invoices you fund. **Cashbook Finance facts.** Cashbook Finance selective invoice finance allows approved UK B2B businesses to fund chosen eligible invoices rather than the whole ledger. Up to 90% of a selected eligible invoice may be advanced, subject to approval and agreed terms. Suitability depends on debtor quality, invoice evidence, concentration, disputes and intended usage. The benefits #### What selective invoice finance does for your business. ##### Total flexibility Fund what you want, when you want – and leave the rest of your ledger untouched. ##### Control over your ledger Keep the rest of your invoicing exactly as it is – you decide which invoices to involve. ##### Pay only for what you use No minimum fees on a whole ledger; costs stay proportional to the invoices you actually fund. ##### No long tie-in There’s no lengthy contract and no obligation to keep using it – it’s there when you need it. ##### Fast cash when it counts Up to 90% of a chosen invoice, advanced quickly to plug a specific gap. ##### A simple way to start A low-commitment route into invoice finance that you can scale up later if it suits you. How it works ### Funding for the invoices you choose. 1 #### Choose an invoice Day 0 · one, or a few Select the single invoice (or few) you want to fund. 2 #### Draw the cash Once approved · a day or two Up to 90% of that invoice is advanced to you, fast. 3 #### Payment arrives On the due date · as usual Your customer pays as usual when the invoice falls due. 4 #### Settle up On collection · less the fee The balance is released, less a fee on just that invoice. Selective or a whole-ledger facility You stay completely in control. There’s no whole-ledger commitment and no long contract. Use it once, or whenever a gap appears – you stay completely in control. [Selective vs full-ledger finance](https://www.cashbookfinance.co.uk/insights/selective-invoice-finance-vs-full-ledger) Selective invoice finance - **What’s funded** The invoices you choose - **Commitment** None beyond the invoice - **Fees** On funded invoices only - **Best for** A one-off large invoice or a seasonal spike Whole-ledger facility - **What’s funded** Your sales ledger - **Commitment** An agreed facility - **Fees** Across the facility - **Best for** Funding across many invoices regularly All invoice finance options Facility conditions #### Use it for a genuine one-off requirement Selective funding is strongest where the chosen invoice is high quality, undisputed and supported by clear completion evidence. **Invoice quality** The debt must be valid, completed and capable of verification. **Debtor consent or notice** The structure may require acknowledgement or payment-direction controls. **Repeat use** Frequent selective use can signal that a whole-ledger facility needs to be assessed. Who it’s for ### Who selective invoice finance suits best. Suitability profile #### Seasonal or lumpy cash flow Your funding needs come in peaks – a busy quarter, a big delivery – rather than evenly across the year. #### One large contract A single big invoice is tying up most of your cash, and funding just that one solves the problem. #### Flexibility, not a contract You don’t want to commit your whole ledger or sign a long facility – you want to dip in when you need to. #### One slow-paying customer Most of your customers pay on time, but one large account drags – so fund just their invoices. #### Trying invoice finance out You’d like a low-commitment way to see how invoice finance works before considering a full facility. #### Occasional gaps You’re usually fine for cash, but the odd timing gap would be smoothed by funding a specific invoice. Sounds like you? [Check eligibility](https://www.cashbookfinance.co.uk/eligibility) Before you apply #### What we need to review selected invoices. “Before recommending selective invoice finance, I want to understand which invoices genuinely need funding and whether the selected customer risk is worth taking. If that cannot be explained clearly, the structure is probably not ready.” [Endrit Beqaj](https://www.cashbookfinance.co.uk/endrit-beqaj)What I look for first ##### Prepare properly - [**Selective invoice finance checklist** · Preparation PDF · Use this before applying so the first conversation is specific rather than exploratory.](https://www.cashbookfinance.co.uk/downloads/invoice-finance-checklist.pdf) - [**What to prepare** · Application prep · A cross-product guide to references, evidence and secure document submission.](https://www.cashbookfinance.co.uk/downloads/application-preparation-guide.pdf) - [**Pricing and decisions** · Decision context · Review the commercial factors that affect pricing, availability and structure.](https://www.cashbookfinance.co.uk/pricing-decisions) ##### What speeds review - The specific invoice or invoices to fund - Purchase order, contract or delivery evidence - Customer payment terms and contact details - Any dispute, offset or contra information - Reason the single invoice creates a timing gap ##### What slows or weakens the case - A weak customer presented as a one-off opportunity - Missing delivery evidence - Invoices selected because the rest of the ledger is deteriorating 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](https://www.cashbookfinance.co.uk/company-facts) page. Worked example ### One invoice, chosen by you. You fund a single £38,000 invoice on 30-day terms and leave the rest of the ledger alone. You pay only on the invoice you choose, so the cost stops when that customer pays. - **Invoice value, on 30-day terms** £38,000 - **Advanced within 24–48 hours (90%)** £34,200 - **Discount charge, about 2% per 30 days, for 30 days** £760 - **Paid to you when your customer pays** £3,040 - **Total cost of funding this invoice** £760 (2% of the invoice) - **If your customer pays 30 days late** +£760 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 ### Selective finance FAQs. [All invoice finance options](https://www.cashbookfinance.co.uk/invoice-finance) · [Case studies](https://www.cashbookfinance.co.uk/case-studies) · [Factoring vs discounting](https://www.cashbookfinance.co.uk/insights/factoring-vs-invoice-discounting) · [Invoice finance vs business loan](https://www.cashbookfinance.co.uk/insights/invoice-finance-vs-business-loan) · [Invoice finance in London](https://www.cashbookfinance.co.uk/invoice-finance-london) · [Selective vs full-ledger](https://www.cashbookfinance.co.uk/insights/selective-invoice-finance-vs-full-ledger) **Do I have to fund all my invoices?** No – that’s the point. You choose which invoice or invoices to fund and leave the rest of your ledger alone. **Is there a long contract?** No. Selective finance is designed to be low-commitment, with no lengthy tie-in and no obligation to keep using it. **What does it cost?** You pay a fee only on the invoices you actually fund, so the cost stays proportional to what you use rather than your whole turnover. **When does it make sense over a full facility?** Selective finance shines for occasional, targeted needs – a one-off large invoice or a seasonal spike. If you need funding across many invoices regularly, a whole-ledger facility is usually more cost-effective. **How quickly can I get the cash?** Once the invoice is approved you can typically draw up to 90% of its value within a day or two. **Can I move to a full facility later?** Yes. If selective funding becomes regular, a whole-ledger facility can be cheaper per invoice and give more headroom. We review the pattern of use with you and explain the trade-offs before anything changes. ### Guides on selective invoice finance - [Compare funding options](https://www.cashbookfinance.co.uk/compare) · 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 Start an application ### Fund the invoice that matters, leave the rest. [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.