‘Invoice Finance’ is the generic term used to raise funds against unpaid invoices that are owed to a business. This includes factoring (where the factoring company provide credit control, and the facility is therefore disclosed to your customers) and Confidential Invoice Discounting (where the facility is not disclosed and you still perform your own credit control). Factoring can be ideal (but not exclusively so) for smaller businesses and start-ups which often don’t have resource to effectively collect their own invoices.

Confidential Invoice Discounting is often the choice of larger businesses who do have an effective ‘back office’ function – in fact lenders will insist on it.

At Redwood Business Finance we can help you through the minefield of the 90+ UK based invoice finance lenders. They all differ in terms of pricing, service levels, technology and credit appetite so why rely on blind luck to make sure you pick the right funding partner for your business.