Apply For Selective Invoice Finance Today
Up To 100% Advance Rates From 0.1% Free Trial Periods No Set Up Fees Get Funded In 24 Hours
Apply in minutes, there’s no affect on your credit score and you can get a decision within 24 hours.
“I highly recommend any business looking to improve cash flow to speak to Terry and the team he has at Adept.”
“I highly recommend any business looking to improve cash flow to speak to Terry and the team he has at Adept.”
Invoices from £500 to £200k
100% advance rate
Get funds in 24 hours
No contract - 'pay as you go'
We Make Selective Invoice Finance Easy
Our experts take all the stress and confusion out of applying for finance
Apply online in minutes
To get things started, share some basic information about your company and how much you’re looking to borrow with us. Applying does not affect your credit score.
Review your offers
Our LoanTech decision engine will save you hours by telling you in minutes how much you can borrow and which lenders you can apply to.
Get funded
We discuss the available options with you and manage the application process through to completion. Funds can be available in as little as 24 hours.
What Is Selective Invoice Finance?
Are you fed up of waiting for your customers to pay?
Are lengthy payment terms and late customer payments putting pressure on you and your business, making it hard to keep up with expenses?
Selective invoice finance dramatically improves business cash flow by releasing the funds that are tied up in your unpaid sales invoices.
Instead of waiting weeks for invoices to get paid, you can release up to 100% of the cash you are owed almost immediately.
How does selective invoice finance work?
Selective Invoice Finance offers businesses a flexible approach to managing cash flow. This method allows you to choose specific invoices to finance, rather than your entire ledger.
Here’s how it works:
– Invoice Selection: You identify which invoices you want to fund based on your immediate cash flow needs.
– Application Process: Submit these selected invoices to the finance provider. The provider evaluates them, typically focusing on the creditworthiness of the customers invoiced.
– Funding: Upon approval, you receive a significant percentage of the invoice value upfront – usually up to 90%.
– Repayment: When your customer pays the invoice, you repay the finance provider the advanced amount plus their fee.
What are the Benefits of Selective Invoice Finance?
Fast Funding
No more waiting for customers to pay. You can access funding within 24 hours of issuing an invoice.
Improved Cash Flow
Keep on top of staff wages, supplier bills and HMRC with immediate access to cash.
Uncapped Growth
Flexible funding with no fixed upper limit, so you can scale your business quickly.
Protection
Customer credit checking and optional bad debt protection reduces the risk of bad debts.
Flexibility
Choose which specific invoices you want to finance, rather than factoring all your receivables.
Easy Access
No credit scoring or lengthy application process, get funding even if you have bad credit.
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Prefer to talk? Call us on 0208 137 0105
Is Selective Invoice Finance right for my business?
Selective invoice finance offers a flexible way to unlock cash tied up in unpaid invoices, and is ideal for businesses with unpredictable cash flow or a mix of large and small clients. See if your sector falls into one of the categories that can benefit most from this type of financing.
Construction
Recruitment
Manufacturing
Wholesale
Printing
Transport
Security
Logistics
Couriers
Engineering
What Our Clients Say
Frequently Asked Questions
What is Selective Invoice Finance?
Selective Invoice Finance allows businesses to choose specific invoices for financing, rather than committing their entire sales ledger. This provides flexibility in managing cash flow by selling single invoices or a few at a time, based on business needs.
How does Selective Invoice Finance work?
In this process, you provide details of the customer and the invoice you wish to fund. Once validated, the funder advances a large majority of the invoice value (typically 85%). When the customer pays, you receive the remainder minus fees and charges.
What are the advantages of Selective Invoice Finance?
It offers advantages like increased control over finances, flexibility in choosing which invoices to fund, and quick access to cash without long-term contracts.
Can you choose multiple invoices for funding?
Yes, you have the option to choose one or multiple invoices for funding, giving you control over how much and when to draw down funds.
Is Selective Invoice Finance regulated in the UK?
Selective Invoice Finance is not currently regulated by the Financial Conduct Authority (FCA). An industry-wide code of conduct is provided by UK Finance to ensure a fair service and integrity is provided for invoice factoring services.
What is the typical advance rate for Selective Invoice Finance?
Most providers advance up to 90% of the outstanding invoice value.
Is Selective Invoice Finance suitable for SMEs?
Selective Invoice Finance is particularly beneficial for SMEs, offering them a flexible funding option to bridge the gap between raising an invoice and receiving payment.
What types of businesses benefit most from Selective Invoice Finance?
It is especially suitable for businesses with irregular sales, a mix of large and small customers, or those that experience unpredictable cash flow cycles.
How quickly can funds be accessed?
Once an invoice is verified, funds are usually transferred to your account within 24 hours.
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Compare Selective Invoice Finance
Find out how much you can borrow and which lenders you can apply to in minutes
Prefer to talk? Call us on 0208 137 0105