Invoice Finance Harrogate

Invoice Finance Harrogate

Invoice finance in Harrogate gives businesses a practical way to release cash tied up in unpaid invoices and maintain steady cash flow. Shadowfax Funding Solutions supports companies across Harrogate by helping them access invoice financing that allows them to cover costs, manage growth, and avoid disruption caused by long payment terms.

For businesses that invoice other businesses, delayed payments can place unnecessary pressure on cash flow. Invoice finance offers a way to access funds already earned, without waiting weeks or months for customers to pay.

Invoice finance, sometimes referred to as invoice factoring or invoice financing, is a well-established funding option used by businesses across the UK. By advancing a large percentage of outstanding invoices, companies can continue operating smoothly while payments are collected in the background. 

How Invoice Financing Supports Your Business

Invoice finance works by releasing funds against invoices once they are issued for completed work. Instead of waiting for agreed payment terms, a lender provides an advance shortly after the invoice is raised. When the customer settles the invoice, the remaining balance is released, minus the agreed fees.

This type of funding suits businesses that require predictable cash flow to meet ongoing commitments such as wages, supplier payments, or operational costs. Invoice finance in Harrogate can also support growth by allowing businesses to take on new work without worrying about short-term cash shortages.

 

Invoice Finance Options Available

Invoice finance is not a single solution, and businesses can choose an arrangement that suits how they operate. Full invoice factoring allows all invoices to be financed under one facility, while selective invoice finance and spot factoring allow funding against specific invoices or customer accounts.

These flexible options suit businesses that know exactly how much funding they need and prefer control over which invoices are included. We help businesses in Harrogate understand the differences and select the most appropriate structure.

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 Choose Invoice Finance In Harrogate

Using invoice finance in Harrogate allows businesses to improve cash flow, reduce reliance on overdrafts, and manage growth with greater confidence. Faster access to funds helps businesses respond to opportunities, handle seasonal demand, and avoid delays caused by slow-paying customers.

ShadowFax Funding Solutions provides clear, impartial advice, helping businesses understand their invoice finance options and decide what works best for their situation. We place a strong focus on transparency, with fees explained upfront and practical guidance provided at every stage of the process.

Arranging Invoice Finance In Harrogate

Businesses considering invoice finance in Harrogate can request a free quote through Shadowfax Funding Solutions. Our team takes time to understand how your business operates and discusses funding options clearly and openly. 

In addition to invoice finance, we can also advise solutions such as secured overdraftsasset and equipment finance, or commercial loans where appropriate.

For expert advice on invoice finance Harrogate, call us on 0113 518 2253, email us at hello@shadowfaxfunding.co.uk, or fill in our online contact form. We help businesses access funding that supports day-to-day operations and long-term stability.

Commercial Finance

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