Flexible and transparent
With tailored solutions for your business, we'll provide you with a clear structure of funding and pricing.
This page is for business finance customers. If you're an intermediary, please visit our invoice finance intermediary page.
With tailored solutions for your business, we'll provide you with a clear structure of funding and pricing.
We'll get to understand your ambitions. A dedicated relationship manager will be on hand to provide support.
We can get you access to funds within 24 hours.
You can access your account online to upload, review and check funding availability in real-time.
Business invoice finance is a form of short-term borrowing that allows you to borrow money against sales invoices before they've actually been paid.
The way business invoice financing works is quite simple. You sell your outstanding invoices, and we pay you up to 90% of the full invoice value, up front. Once we have received full payment for the invoice, we'll then return the remaining 10% to you, minus a small fee.
Whatever your individual requirements are, we’ll work with you to understand your business needs and design a funding facility to meet them.
With Invoice Discounting you can convert invoices into working capital, whilst staying in control of your own invoice collections, meaning your facility can be completely confidential.
With Factoring we provide a credit control service, which means you don’t have to worry about chasing up your customers' outstanding invoices.
Asset Based Lending allows you to access funding by releasing the cash tied up in existing assets, such as machinery and property.
Receivables Finance can help if you’re a business that typically sells goods or services to high quality debtors, where payment can be deferred for a longer period of time.
Don't wait around for weeks for outstanding invoices to be paid. invoice finance solutions allows you to release cash into your business by converting the value of your invoices into ready working capital.
You submit your outstanding invoices or contractual billing to us. We provide immediate access to up to 90% of the value of your outstanding invoices.
Once your customer pays us, we release the remainder to you less our charges.
We understand that cash flow can be one of the biggest challenges for SMEs and we want to be able to support a range of businesses and industries.
If you are a business that provides a service or product on credit and raises invoices, you may be eligible to finance invoicing. As a general rule we do require businesses applying for invoice finance to have a minimum turnover of £750,000. Contact us directly to discuss your individual business needs.
While invoice discounting and invoice factoring both allow you to unlock the cash tied up in unpaid invoices, there is a key difference between the two.
If you’re unsure about which invoice finance solutions is the right one for you, please contact us and we can discuss what would be most suitable for your business.
The cost will be dependent on your requirements from the facility and the size of your business. Whether you’re looking for invoice financing for small business or a well-established organisation, once we have understood your business needs, we will put a clear proposal together that will outline the facility we can offer along with the fees.
The main charges with invoice finance are a service fee, which is a percentage of the invoice value, and a discount fee, which is calculated on the balance we advance to you.
It can depend on the facility and your business requirement; however, our set up timescale ranges from a few days to a few weeks.
We aim to work closely with you to understand your business plans and requirements to get you up and running as soon as possible.
With invoice discounting you maintain all direct communication with your customers and collection of your sales ledger. We can offer a confidential facility to invoice discounters who don't want their customers to know that you use invoice finance.
With invoice finance factoring, we would collect payment on your behalf from your customers; our experienced and professional credit control team will manage this so that the direct relationship you have with your customers is not impacted.
At Aldermore, we understand that it's sometimes difficult to assess the risk of customers not being able to pay. The decision you make could lead you to turn away sales or even end up with a bad debt. Our Bad Debt Protection (BDP) service gives you the confidence of knowing you will receive payment for all your hard earned sales.
How to Make your Business More Sustainable in 2024. Did you know that making simple changes could reduce your business’ energy costs by up to 10%?
Our latest research* looks into the priorities and challenges that small to medium-sized businesses in the UK are facing over the next 12 months.
We look to the positives and examine some ideas to help you and your workforce get through the difficult times to thrive in the future.
*02 and 03 numbers are charged at standard call rates and included in most mobile and landline operators inclusive minute packages
Subject to status. Security may be required. Any property or asset used as security may be at risk if you do not repay any debt secured on it.
