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Do you currently use invoice finance?
What is your estimated annual turnover?
What are your outstanding customer invoices?
How long has your business been trading?
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Invoice Finance is not regulated by the FCA, it is overseen by the UK Finance trade association which is governed by the IF/ABL Standards framework & code of conduct. HowMuch Holdings ltd is not regulated by the FCA.
One form. Multiple quotes. You choose.
We’re a comparison service, not a lender. Tell us about your business once and compare lenders, without you having to approach each one individually.
Fill in one form
Your turnover, invoice volume, and industry. Takes under 2 minutes.
Find your match
Identify lenders whose criteria and products suit your business profile.
Receive your quotes
Lenders respond with tailored rates, not one-size-fits-all offers.
You decide
Compare rates, fees, and terms side by side. No obligation to proceed.
Depending on your profile, we may connect you directly with a lender (the company that advances the funds) or with a broker who manages a panel of lenders and finds the right fit on your behalf. Either way, you never pay to compare. We are paid a referral fee by the lender or broker.
Get paid in 24 hours, not 90 days.
Once your facility is set up (connecting directly with Xero, QuickBooks or Sage), funding is near-automatic from day one.
Invoice your customer
Raise your B2B invoice as normal on your agreed payment terms.
Your software syncs
Your accounting platform passes the invoice to the lender automatically. No manual submission.
Funds hit your account
Up to 90% of the invoice value is in your account within 24 hours of verification.
Customer pays, you receive the balance
When they settle, the lender releases the remaining balance minus their fees.
Which type fits your business?
The right product depends on your turnover, how much control you want to keep over collections, and whether confidentiality matters to you.
| Confidential Invoice discounting You retain full control of your sales ledger and credit function. Your customers never know a third party is involved. | Outsourced Factoring The lender takes over your credit control and chases payment directly from your customers. | Flexible Selective finance Finance individual invoices when you need to, with no long-term contract. Pay as you go. | |
|---|---|---|---|
| Credit control | You | Lender | You |
| Disclosed to customers | |||
| Whole ledger required | |||
| Typical contract | 12 months | 6–12 months | None |
| Best for | Established SMEs | Growing businesses | Startups, seasonal |
That money is already yours. You’ve just not been paid yet.
You turn down a new contract because the cash to fulfil it is sitting in unpaid invoices from last quarter.
You pay suppliers late, or put it on a card, because a 60-day client hasn’t settled yet.
Payroll week arrives and the buffer is thinner than it should be for a business doing your revenue.
Invoice finance doesn’t add debt. It brings forward money you’ve already earned, so your cash flow reflects your actual business performance.
Do you qualify? Here’s what lenders check.
Most rejections come down to a handful of avoidable issues. Understanding what lenders assess, and in what order, puts you in a much stronger position before you apply.
Invoice finance is for businesses that invoice other businesses with payment terms. Consumer sales cannot be financed.
Lenders primarily assess your debtors’ creditworthiness, not yours. Strong customers mean better terms, even if your own credit history is imperfect.
Invoices must be for goods delivered or services fully completed, free from disputes, retention clauses or existing security arrangements.
Active use of accounting software (Xero, QuickBooks, Sage) signals a reliable invoicing process and speeds up your application significantly.
Turnover requirements vary significantly by product and lender: from £50k for selective finance to £750k+ for confidential discounting. Businesses with their first B2B invoice may still qualify for certain products.
Most common reasons applications are rejected
Transparent pricing. No surprises.
Invoice finance has a reputation for opaque costs. Here’s how the fees actually work, with a real example. Lenders are required to disclose all charges before you sign.
Service fee
Covers ledger management and, in factoring, credit control. Factoring fees are higher because collections are included in the service.
Discount fee (the cost of borrowing)
Applied daily to the funds drawn down. The faster your customers pay, the less this costs you.
| Invoice value | £10,000 |
| Advance received day 1 (90%) | £9,000 |
| Service fee (2% of invoice) | £200 |
| Discount fee (3.5% over base × 45 days) | £39 |
| Total cost | ~£239 |
Illustrative only. Advance rates typically range from 75%–95% depending on lender type and debtor quality. Rates vary by provider, turnover, and facility type.
Find out what your invoices are worth.
Tell us about your business once. Match with the right broker or lender and see your options side by side.
Is invoice finance the right move?
It’s the right tool when your cash flow gap is structural, driven by payment terms, not underlying business performance. If you’re profitable but constantly cash-constrained, invoice finance is designed for exactly that situation.
What works in your favour
You access money you’ve already earned. It’s not borrowing against future revenue
The facility grows automatically as your turnover grows, with no renegotiating credit limits
It doesn’t appear as debt on your balance sheet
Bad debt protection is available if a customer becomes insolvent
Factoring removes the cost and time of running your own credit control
What to weigh up first
It costs more per £ than a secured bank loan; the speed and flexibility come at a premium
With factoring, your customers interact with the lender’s collections team. Worth considering in relationship-sensitive sectors
Whole-ledger facilities require consistent invoice volumes and minimum annual turnover
The facility only grows if your sales do. It won’t solve a decline in underlying revenue
Already have a facility? You may be paying too much.
Many businesses stay with their current provider because switching feels complicated. Under the UK Finance IF/ABL Code (Commitment 5.1.3), member lenders are legally required to facilitate your move to a new provider once your notice period is served. A good new provider will structure the transfer so your funding is uninterrupted on day one.
Invoice finance FAQ.
Factoring is one type of invoice finance. The umbrella term covers factoring, invoice discounting, and selective finance. The practical difference: with factoring, the lender manages your credit control and your customers know a third party is involved. With discounting, everything stays confidential. Your customers pay you directly as normal and you handle collections yourself.
Related Guides
Guides and insights to help you understand invoice finance.
Invoice Finance for Small Businesses
Invoice finance is not just for large companies. For small businesses with B2B customers and payment terms of 30 days or more, it is often the most practical way to keep cash flow steady without taking on traditional debt. This guide covers how it works in practice for smaller operations.
Trade Finance Explained
Trade finance is the collective term for the products that make international trade work. It manages the payment risks and cash flow gaps that arise when buyers and sellers operate across different countries and currencies. This guide explains how the main products work and which businesses use them.
Invoice Finance for Wholesale Businesses
Wholesale businesses buy before they sell and sell before they are paid. Invoice finance releases cash from unpaid sales invoices, so you are not waiting 30 to 60 days for money you have already earned.
Invoice Finance for Startups
Most invoice finance providers assess your customers' creditworthiness more heavily than your own trading history. That makes factoring more accessible for startups than most founders expect. Here is how it works and what you need to qualify.
Invoice Finance for Transport and Haulage
Haulage businesses pay for fuel, drivers, and maintenance before a single invoice is settled. Here is how invoice finance closes the gap between operational costs and client payment terms.
Invoice Finance for Construction Companies
Construction businesses spend money long before clients pay. Materials, labour, and plant costs run from day one; invoices sit on 60 or 90-day terms. Here is how invoice finance closes that gap.
The information on this page is for guidance purposes only and does not constitute financial advice. Fee examples are illustrative. Actual rates depend on your turnover, industry, customer profile and the outcome of lender negotiations. Advance rates typically range from 75%–95% depending on lender type. Rates, terms, and eligibility criteria vary by provider. HowMuch.net is a comparison service. Lenders/Brokers pay us a referral fee for either an introduction or a completed facility. We recommend seeking independent financial advice before entering into any invoice finance agreement. Sources: UK Finance 2024 Business Finance Review; UK Finance IF/ABL Code (2025 Edition); British Business Bank / UK Finance Business Finance Guide.