Invoice Finance York

Invoice Finance York

Businesses searching for invoice finance in York often reach a point where waiting for payments slows down day to day operations. At ShadowFax, we support companies across the region by helping them access fast funding against unpaid invoices. As a trusted broker, we match you with suitable lenders, explain your options and make sure you understand the cost before you commit. As a firm, we are authorised and regulated and our advice is impartial, which means you receive guidance that is focused on your interests.

What Invoice Finance Involves

Invoice finance allows you to release cash that is currently tied up in completed work. Instead of waiting for a customer to pay an invoice, a lender advances most of the value upfront. This improves cash flow, makes it easier to cover running costs and gives you the freedom to take on new jobs without delay. Our role is to introduce you to lenders who offer reliable and straightforward funding so you can choose an option that suits that way you trade.

Companies approach us when they are facing supplier deadlines, growing faster than their available cash or experiencing delays with customer payments. Invoice finance can remove this pressure and give you a steady flow of working capital, which is why it has become a widely used form of business funding.

 

Types Of Invoice Finance Available

When businesses look for invoice financing in York, they are usually comparing factoring, invoice discounting or selective arrangements.

  • Factoring involves the lender managing the collection of payments from your customers.
  • Invoice discounting keeps the credit control in your hands, which works well if you prefer to manage your own accounts.
  • Selective or spot finance allows you to fund individual invoices when you need support for a specific job.

As a broker, we explain how each option works so you can choose a facility that fits your cash flow and the way you prefer to operate. 

Invoice Finance Example

ACME Manufacturing Ltd has a big new job coming up. The company knows it will need to pay for extra materials and take on another member of staff to do this new job, and will only get paid when it’s finished. The business is owed £15,250 by another client for a completed job, but the invoice has payment terms of 30 days. ACME Manufacturing Ltd agrees an invoice finance deal that will give them 85% of the invoice up-front, with total fees and charges at 3%.

  • Invoice value = £15,250
  • Advance amount (85%) = £12,963
  • Fees (3%) = £458

When the company notifies the full invoice value to the lender (£15,250), the company is then able to receive an advance of £12,963 within a couple of minutes. Then, when the customer pays the invoice, the full £15,250 goes into a bank account controlled by the lender. ACME Manufacturing Ltd gets the remaining value of the invoice (£2287) minus fees (£458), so receives £1829. All invoice finance operates under this principle, but there’s a variety of different products available.

Commercial Finance

Why Businesses Consider Invoice Finance

Some businesses only realise they need invoice finance when a delay starts to cause strain. This form of funding is often used by companies that operate on long payment terms or need to keep materials and staffing levels moving at the pace of incoming work. It can be a practical solution for manufacturers, commercial contractors, service providers, logistics companies and any business that relies on invoicing other companies.

We stand out because we are brokers, not lenders. This means we compare multiple funding options from across the market. You receive clear explanations of fees, how the facility works and what to expect once it is in place. There are no hidden charges and you will always know how we are paid, as this is disclosed before any agreement goes ahead.

Support For Companies Across York

Our team provides guidance for businesses of all sizes, from newer companies needing a simple facility to established firms looking to improve their working capital. We work with lenders who understand the financial pressures that come with slow payments and help you put a facility in place that supports steady growth.

If you need support beyond invoice finance, we can also introduce you to options such as secured overdrafts, commercial loans, asset and equipment finance, trade finance and other funding products that may suit your operation. All advice is based on your circumstances, your trading pattern and challenges you are facing. 

Enquire About Invoice Finance & Factoring In York

If you are interested in invoice finance and factoring in York and want straightforward, knowledgeable advice, we are here to help. You will receive clear information, a free quote and guidance that focuses on what your business needs, not what a lender wants to sell.

To speak with our team, call 0113 518 2253, email us at hello@shadowfaxfunding.com or fill in our online contact form. We look forward to helping you strengthen your cash flow and keep your business moving in the right direction. 

Commercial Finance

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If you would like to know more about the products and services we offer or have any other questions then please click the button below to get in touch. Alternatively, you can call us direct on  0113 518 2253