Who can use invoice finance?

Who can use invoice finance?

The following are examples industries who can use invoice finance:

  • Agriculture firms
  • Healthcare businesses
  • Courier companies
  • Logistics houses
  • Financial services firms
  • Leisure businesses
  • Tourism companies
  • IT businesses
  • Manufacturing firms
  • Printing companies
  • Publishing houses
  • Professional firms
  • Recruitment businesses
  • Wholesale firms
  • Construction companies

The following are examples of business types who can use invoice finance:

  • Any business that’s sells on credit terms can benefit from invoice finance
  • Any business that deals in products would appreciate an invoice finance facility
  • Any business that supplies defined services can benefit from invoice finance
  • Business with customers in the UK may qualify an invoice finance facility
  • Business with customers overseas can often use invoice finance
  • Business with lots of different customers tend to be liked by invoice finance providers
  • Businesses that need large stock holdings welcome an invoice finance facility to aid cashflow
  • Seasonal businesses can get help via an invoice finance facility

Please note some businesses can use invoice finance for particular needs:-

  • Acquisition finance
  • Refinance
  • Expansion finance
  • Turnaround finance
  • Insolvency reasons
  • Management buyout
  • Merger finance
  • Startup finance
  • Institutional buyout
  • Buy-In management buyout

Businesses with different levels of turnover can use invoice finance:-

  • £50,000-£500,000 turnover
  • £500,000 – £2 million turnover
  • £2 million turnover – £5 million turnover
  • £5 million turnover – £10 million turnover
  • £10 million turnover +

For more information regarding the benefits of using invoice finance please call 0800 597 4757 or apply online.