Securing an excellent mortgage offer with Revolution Finance Brokers couldn't be easier
1Get in Touch
Complete a quick form to give us an overview of your mortgage or financing requirements, and we'll provide recommendations about the best opportunities for you.
2Submit Your Application
Once you've chosen your preferred mortgage deal, we'll steer you through the paperwork with comprehensive application management from start to finish.
3Mortgage Completion
Revolution Finance Brokers will finalise the details and enable you to move forward without delay!
This calculator is an estimation of how much you could borrow. If you’re ready to take out a mortgage, speak to a Revolution brokers to see what options are available.
Almas Uddin
Founder and Mortgage Advisor
2023-05-09
Invoice Finance
Many businesses run into cash flow problems while waiting for invoices to be paid, and there are simple funding options to speed up the process and reduce waiting times, which can be up to 90 days.
Invoice financing allows you to borrow cash immediately that would otherwise take a long time to access. This allows you to continue with the day-to-day running of your business without waiting potentially months for your funds to clear. Invoice finance can be especially useful if you are waiting for large cash amounts to clear, and depending on your business and the amount of invoices owed, this could amount to a lot.
There are different types of invoice finance, depending on your business needs. It is a useful form of alternative finance that is often deemed more flexible than other types of funding.
In this brief guide, we’ll try to give you an insight of what invoice finance is and, how it might be beneficial to your business.
Is pretty straightforward: you sell the unpaid invoice to the lender and carry on as normal, without telling your client or customer that you are using a finance provider. As it's confidential, it means you continue to chase invoices and make sure your customers pay on time. The lender will advance you a percentage of the invoice, and pay you the remaining cash once the customer pays up, minus the lender's fee. This type of financing is usually accessible for established companies with a high turnover.
2. Invoice factoring
Differs from invoice discounting. In this case the lender provides a credit control, and unlike invoice discounting, you do not have to go through the rigmarole of chasing up unpaid invoices. It's not confidential in that your customers will be aware that you're using a factoring provider and they can also credit check your customers. This type of service is suitable for small business or start-ups.
3. Selective invoice financing
Gives the company more flexibility, as you can choose which invoices you need to access finance from. As the invoice is selective, you can usually access more of the invoice and then pay a fee. As with invoice discounting, this type of finance is designed for larger companies with reliable customers and a healthy turnover.
Mortgage Brokers has access to a number of lenders and can advise on the right type of invoice finance for you and take you through the whole process.
Securing an excellent mortgage offer with Revolution Finance Brokers couldn't be easier:
Revolution Mortgage Brokers:100%
Independent & Whole-of-Market
As specialist mortgage brokers for a huge variety of applicants, the whole-of-market consultants at Revolution provide access to an exceptional range of
lenders, products and mortgage deals. That means you get the advantage of professional negotiation and broker-exclusives through an established lending network to ensure we always find you the most competitive mortgage available.
The content included in our articles, blogs, web pages and news publications is based on information accurate at the time of writing. Note that policies and criteria can change regularly throughout the UK mortgage lending market, and it remains essential to contact the consultation team to receive up to date guidance. The information included on the Revolution Brokers site is not bespoke to any circumstances or individual application scenarios and therefore is not intended to be used as financial advice. The content we share is designed to be informative and helpful but cannot be relied upon to provide individual advice relevant to your mortgage requirements. All Revolution team members are fully qualified, trained and experienced to provide mortgage advice of an independent nature.
We collaborate with lenders and providers who are regulated, authorised and registered with the Financial Conduct Authority (FCA). Should you require specific mortgage borrowing types, some products such as buy to let mortgages may not be FCA regulated. The Revolution team can provide further information about regulated and unregulated lending as required. Please remember that a mortgage is a debt which is secured against your home or property. Your home can be at risk of repossession if you do not keep up with the repayments or encounter any other difficulties in managing your mortgage borrowing responsibly. This also applies to any remortgage or home loan secured against your property, including equity release products.
Ask the Expert
Mortgage Brokers
Revolution Mortgage Brokers understands that mortgages can be complex and confusing! Ask us any question you might have, and one of our skilled consultants will come back to you as quickly as possible.