Invoice Finance
Invoice Factoring and Discounting


or call us on
01244 389304

tick mark

Over 250 funding lines

tick mark

Decisions within 48 hours

tick mark

Funds within 2 weeks of acceptance

tick mark

Borrow from £25,000

tick mark

Rolling Contracts

Invoice Finance

Invoice Finance is a type of business loan used to increase cashflow within an organisation. A business needs to maintain adequate cash flow, which will maintain its financial health to ensure operations flow smoothly. Waiting on unpaid invoices can affect a company’s ability to cover its costs. These include paying suppliers, employees as well as general business overheads and other pay to day running costs.

We assist companies and borrowers to increase their spending power by obtaining the best funding options and facilities, quickly and efficiently, whilst ensuring your company requirements are fully catered for.

How to apply for invoice finance?

  1. Fill out our application form in less than 5 minutes
  2. Your application will be allocated to your dedicated case manager
  3. Your case manager will be in touch within 4 working hours
  4. They will collect all required documents to process your application
  5. You will receive a decision within 48 hours in most cases
  6. You will receive your funds within 2 weeks of acceptance in most cases

Frequently Asked Questions

What types of invoice finance can I apply for?

There are many different facilities in Invoice Finance, however the most common ones are:

  • Invoice Factoring (Ifac) ) – This is a typical facility whereby the Lender will do all your collections on invoices for you. Very useful if you have a large debtors list and don’t have an in-house credit controller.
  • Invoice Discounting (ID) – Exactly the same as an Ifac facility however, you will look after all your credit control.
  • Confidential Invoice Discounting (CID) – A confidential ID facility whereby none of your suppliers or debtors will know of you using such a facility.
  • Selective Invoice Finance (SIF) – This is where you can select specific invoices to have Factored in order to raise capital, the repayment works the same as a standard Invoice Finance facility.
  • Spot Factoring - You choose one large invoice usually upwards of £50,000 as security to raise capital for the business.

How does invoice finance work?

When you sign up to an Invoice Finance provider, they will take a first charge debenture over the book debt in the business.

You will raise an invoice to them once issued to the debtor and they will process this within 48 hours of receipt. Then depending on your facility type, when the invoice has been paid, they will provide you with the rest minus their fee.

You will have a dedicated account manager that will work closely with you and support your business in this transition. They provide you with an online portal where you can upload your invoices and drawdown on all funds.

Can I apply for invoice finance?

We can lend to any trading business that invoices on a business to business basis (B2B).

You must have a minimum turnover of £100,000 per annum and take a minimum facility of £25,000.

There is no maximum coverage.

How much does it cost and how long is the term?

This fluctuates depending on several factors; the applicant’s personal and business credit, quality of debtors, size of facility and personal net worth (PNW).

With all the major banks competing in the market for these types of facilities we can get as low as 0.2% per month as a service charge and 1.25% over base as an annual facility fee. The terms are up to you. We can source a provider that allows you to exit their facility on a month by month basis or work on an annual renewal.

When committing to annual contract you will find this is reflected in the cost, generally finding it considerably cheaper when making that commitment to the finance provider.

Invoice Finance

RLA Capital Limited can offer invoice finance, either invoice discounting or factoring to enable your company to increase readily available funds, whilst waiting on unpaid invoices.

Invoice Finance is probably the broadest type of lending in the financial market space. There are many subsidiaries to Invoice Finance that have been created to appease different borrower’s business sectors.

Invoice Finance is the practice where an invoice is raised by the borrower to the client for an amount, the Invoice Finance provider will then provide the borrower with a percentage of the invoice day one, with the remainder due, once it has been paid by the client, minus their fee. This can be very useful for cashflow when debtors pay on more than 30-day payment terms.