Invoice finance is offered by banks and specialist asset based lenders. All operate with different criteria and levels of service.

With a large selection of lenders providing asset based finance, then it should be easy to find a cheap deal and access the working capital needed? Finding a low cost deal is not the only consideration, many would be borrowers focus on the headline service fee and interest on outstanding balances. However customer service should be the main consideration when similarly priced offers of finance are on the table!

Failure to read the small print about additional fees and that low cost deal may not be what it appears to be! Unexpected "renewal fees" or "termination fees" can make another lenders higher offer work out cheaper! Remember, it is the total cost of the invoice finance facility that counts not the everyday costs, not forgetting the vital customer service aspect!