What is Invoice Finance?
Invoice Finance allows you to raise money against your current debtor book and also against any outstanding invoices to ensure your business can maintain a healthy cash flow.
Invoice Finance bridges the gap between the time you raise an invoice and the time it takes to receive payment from the debtor. This ensures a smooth cash flow and could help to pay bills, invest in stock, expand your business and secure supplier discounts by paying them early.
Types of Invoice Finance Available
“I love the fact Amiga Finance have a direct dialogue with the lenders, which allows you to respond in an objective way. Excellent onboarding process and great communication throughout”
Richard Abbots
Tenancy Guard Ltd
Our Invoice Finance Process
Application
You complete a 1 page application form and provide some basic information about the company
2
Quote
We complete some internal processing and provide you with an indicative quote for you to accept prior to submitting our proposal
3
Underwriting
The underwriting department at the selected funder receives our full proposal pack for review and approval. If the application is successful, they will make an offer of finance confirming their terms and any conditions. Any offer made will confirm the facility size, charges and interest rate.
4
Onboarding
The finance provider sets up the facility, completing any integration with your business accounting system and provides the required system training.
