The below identifies the process for invoice receivable financing:

• You provide us all the contracts detailing the deferred payments.
• We structure a legal agreement to include advance funding of the deferred payments.
• We’ll advance an agreed percentage of your outstanding invoices, typically up to 90%.
• Once you’ve sent us your details (usually electronically) we’ll release the funds.
• We will jointly notify your customer/s that all amounts are to be paid directly to Aldermore.
• You then chase the customer payment as normal, and funds are paid directly to Aldermore.
• When your customers have paid, we’ll release the remaining funds from your accounts receivable financing agreement, minus our fee.
• We’ll then recalculate the funds available to you after every new transaction, so you always know where you are.

Accounts receivable financing can help a wide range of businesses in various sectors if:

• You have a need for working capital and are typically operating under contracts where there are deferred payments over a one to three year period that are contractually complete and payment is unconditional on future performance of the contract.
• Your debtors are considered extremely good quality, are investment graded or similar and are based in an OECD listed country.
• Your deferred payments are typically £1m to £50m.

Our expert accounts receivable financing team could help your business if:

• You supply goods or services under contract, where payment is deferred over a one to three year period.
• Your deferred payments range from £1m - £50m and over.
• Your debtors are of high quality, meaning investment graded or the transaction is capable of being fully insured.
• You need working capital to help realise your ambitions.

We always agree our competitive and transparent charges with you upfront, as we work together to design the perfect funding, packaged for your business. All costs will be outlined in your facility offer letter.