
Unlike several other of the invoice finance providers listed here, Skipton also offers invoice factoring that’s entirely interest free. You’ll receive up to 90% of the invoice’s value in a quick cash injection, and Skipton will advance anywhere between £25,000 and £5 million in funds.

You’ll be eligible for finance against your invoices as soon as you submit them, and Skipton promises to pay up within 24 hours. Regardless of the facility you select, you must be registered as an LLP within the UK or Ireland. Utilising this add-on increases your fees, but loosens the prerequisites in terms of your turnover and trading history.īad debt protection (here called ‘Credit Insurance’) is also available as an add-on for an extra cost, and is supplied by third-party provider Euler Hermes. It does offer confidential credit control as an add-on, although this is provided by a third-party company called Veritas Commercial Services. Unlike many of the other invoice finance providers here, MarketFinance doesn’t offer invoice factoring – just discounting. Two years (one year with the credit control add-on) This service is completely confidential.Įntirely confidential invoice discounting is also available, though the eligibility criteria is more stringent – see the table below for more.

For one, MarketFinance offers selective invoice finance – a solution which allows you to receive funding on just one invoice, rather than your whole ledger.
