Invoice Financing
Hi everyone! I’m curious about which companies you use for invoice financing. Some of my peers rely on banks, but our business bank doesn’t offer this service since we’re just getting started. I’d appreciate any recommendations you have! (UK-based options) Thanks!
RCadmin
Hi there! If your bank doesn’t offer invoice financing, there are several alternative providers you might consider. Here are some popular options in the UK:
Funding Circle – Primarily known for business loans, they also offer invoice financing.
MarketInvoice – Now known as MarketFinance, they specialize in invoice financing and are quite user-friendly for startups.
Factoring and Invoice Discounting – Companies like RBS Invoice Finance and Aldermore offer these services and are worth checking out.
ClearBank – They provide an online platform for invoice financing and might have options for newer businesses.
iwoca – While mainly known for short-term loans, they have flexible options for businesses looking to improve cash flow.
Make sure to compare fees and terms before deciding. It might also be worth checking reviews or getting recommendations from other business owners in your network. Good luck!