Managing Late Payments

When running a business, late payments from customers can often cause some real setbacks. You can find yourself short of money and struggling to manage your finances, often paying your own invoices late as a result. In turn this could mean you are causing headaches for your valued supply chain, as well as risking your hard earned reputation. This domino effect of late payments is what inspired us to create realistic solutions for small businesses in need of financial assistance.

There was once a time when small businesses would really struggle to get a loan from the bank because they were considered less financially stable than larger businesses with more equity. But with our Invoice Finance options we can help you to tackle late payments and fund your ambitions.

Featured products to manage late payments


Suitable if you:

  • Need to access cash tied up in outstanding invoices quickly
  • Do not have an in-house credit control department
  • Require our experienced credit control team to take care of debt collection

No contract tie-in for the first six months

Invoice Discounting

Suitable if you:

  • Need to access cash tied up in outstanding invoices quickly
  • Have an established in-house credit control department
  • Would like the option of a confidential facility, so your customers needn’t know you're using it

No contract tie-in for the first six months

What is the difference between Factoring and Invoice Discounting?

Factoring can help relieve the pressure caused by unpaid invoices by freeing up both your time and money. We’ll buy your unpaid invoices from you, giving you a fast injection of cash. You also won’t have the headache of chasing payments or conducting credit checks, as we’ll do all that for you.

If you’d prefer to do all credit control and debt collection yourself, Invoice Discounting may be for you. We’ll give you the majority of the cash you need immediately to help fund your business, while you continue to manage your ledger. This is a preferred option for larger businesses with an established credit control department.

Asset Based Lending (ABL) provides funding against the value of the multiple assets within your business, including debtors, stock, plant & machinery and property. With asset based lending, the cash held within these assets is then released to provide additional working capital.