Invoice Finance Lender Information

To set up an invoice finance facililty your company must qualify. Qualification requires that your business trades with other businesses and offers credit terms and turnover should be a minimum of £100,000.

Start up companies are eligible for invoice factoring, however it is unlikely that any application would succeed for an invoice discounting facility. However, if you have applied to other companies for invoice finance and been refused the chances are we will still be able to help you.

If your business activities are suitable for either factoring services or invoice discounting, you will then need to provide your discounter with seven pieces of information, these are:-

1. An up to date Aged Debtor Analysis.
2. An up to date Aged Creditor Analysis.
3. The last 3 years accounts or management accounts if it is a new company.
4. A sample sales invoice.
5. A sample contract if applicable.
6. A copy of your company's VAT certificate.
7. A copy of your company's certificate of incorporation (if applicable).

We are here to help you choose the best invoice finance service provider for your business circumstances.