Invoice Finance Hull
Invoice Finance Hull
Invoice finance in Hull helps businesses access funds tied up in unpaid invoices, ensuring smooth operations and steady cash flow. At Shadowfax Funding Solutions, we provide specialist invoice financing services to support companies in covering costs, paying suppliers, and investing in growth without waiting for invoice terms to elapse.
Invoice finance, also known as invoice factoring, is a proven method to unlock working capital. By advancing most of the value of outstanding invoicing, businesses can manage day-to-day operations while awaiting client payments.
Why Hull businesses use invoice finance
Trading on credit terms means the money you have earned is not always the money you can spend. Jobs get finished, invoices go out, and weeks can pass before payment lands, all while wages, suppliers and overheads keep falling due. Invoice finance releases the value sitting in those unpaid invoices, giving Hull businesses a dependable way to keep cash moving.
Shadowfax Funding Solutions is a credit broker, not a lender, so the advice you receive is impartial. We compare options across a range of lenders and recommend the facility that fits the way your business trades. From our base at Parkhill Business Centre in Wetherby, we support companies throughout Hull and the wider region, including Leeds, York, Harrogate and Grimsby.
Call our Hull line on 01482 699354 to find out what your unpaid invoices could release.
How Invoice Finance Works
Invoice finance works by advancing funds against your invoices. Once a business raises an invoice for completed work, a lender can release a large portion of its value immediately. The remaining balance, minus fees, is paid once the client settles the invoice.
This system is ideal for companies that regularly invoice other businesses and need predictable cash flow. It helps with managing payroll, covering operational costs, or taking on new projects without the uncertainty of delayed payments.
Options Within Invoice Finance
Invoice finance offers flexibility for businesses with different needs. Full invoice factoring allows you to finance all invoices, while selective invoice finance and spot factoring let you choose specific invoices or customer accounts. These flexible options are suitable for businesses that know exactly how much funding they require and want control over which invoices are financed.
Whether opting for full factoring, discounting, or selective arrangements, invoice finance helps businesses improve cash flow and focus on growth.
Why arrange invoice finance through a broker
Approach a lender directly and you will only ever see what that one lender can offer. A broker opens the door to multiple lenders, including some you would not be able to access on your own, and knows which are most likely to say yes to your application.
With almost 50 years of experience gained in major banks, our team understands exactly what lenders look for, which saves you time and improves your chances of approval. We manage the whole process, from paperwork to communicating with lenders and finalising the deal, so you can stay focused on running your business.
Any fees we charge are fully disclosed before you choose to work with us. In most cases we are paid a commission by the lender once your funding is finalised, and we always confirm the arrangement before you proceed. Get in touch to see how we can help.
Invoice Finance Example
Benefits Of Using Invoice Finance In Hull
Businesses using invoice finance in Hull experience faster access to cash, improved financial stability, and the ability to invest in expansion opportunities. It reduces the strain of waiting for long payment terms and can provide peace of mind during busy periods or when taking on large contracts.
At Shadowfax, we are authorised and regulated and our advice is impartial. There are no hidden fees, and we guide each client through the most suitable financing option for their business.
Who is invoice finance suitable for
Invoice finance is designed
for businesses that sell to other businesses on credit terms. It is worth exploring if:
- You raise invoices for goods delivered or work completed.
- Your customers settle on agreed payment terms rather than paying upfront.
- Money tied up in your sales ledger is making payroll, supplier payments or growth plans harder than they should be.
A spotless credit record is not always required. Lenders assess your financial position, assets, trading history and the strength of the deal as a whole, so quality invoices can unlock funding even where a bank has previously said no. And if you only need occasional support, selective invoice finance lets you fund chosen invoices without committing your whole ledger.
What to expect when you arrange invoice finance
Arranging a facility through us follows a clear path:
- We start with a free, no-obligation conversation about your business, your customers and the cash flow gap you want to close.
- We review the market and match you with suitable lenders, comparing the options on offer.
- We explain each option clearly, including all costs, so there are no hidden fees and no surprises.
- We handle the application, the paperwork and the lender communication through to completion.
- Once your facility is live, funds are advanced as invoices are raised, with the balance, minus fees, paid over when your customers settle.
Contact us to get the process started, or call 01482 699354.
Support For Companies Across Hull
Businesses in Hull looking for invoice finance can get in touch with us for a free, no-obligation quote. Our team can explain the different options and advise on other funding solutions, including secured overdrafts, asset and equipment finance or commercial loans.
Get Started
For expert advice on invoice finance in Hull, call us on 01482 699354, email us at hello@shadowfaxfunding.co.uk or fill in our online contact form. We help businesses access the funds they need to manage cash flow and support growth with confidence.
FAQ's
Please see below for Frequently Asked Questions (FAQ’S)
Why should I use a finance broker instead of going direct?
Thinking of going direct? Here’s why a broker can be the better option.
Brokers open the door to multiple lenders—some you wouldn’t be able to access on your own—and know which ones are most likely to say yes. That means better chances of approval and potentially better deals.
With almost 50 years’ experience in major banks, we know what lenders are looking for, so you can save time and get your funding sorted quicker.
What does a Finance Broker do?
A finance broker helps your business find the right funding by linking you with a range of lenders. Instead of contacting banks yourself, we review your needs and match you with suitable options.
We also manage the entire process, including paperwork, communication with lenders, and finalising the deal—so you can concentrate on running your business.
Do I need good credit to apply?
Not always. Instead of relying solely on credit scores, lenders often evaluate your financial position, assets, trading history, and the viability of the deal.
We aim to connect you with the right solution. If you’ve been refused by your bank due to credit history, a specialist lender could still offer support—especially where strong collateral or quality invoices are involved.
Is it expensive to use a finance broker?
Not at all—any fees we charge are fully disclosed upfront before you choose to work with us. In most cases, we’re paid a commission by the lender once your funding is finalised. We’ll always explain our payment structure clearly, so there are no hidden fees.
Are you regulated?
We operate under the authorisation and regulation of the Financial Conduct Authority (FCA) as Shadowfax Funding Solutions Limited (FRN 937211).
Our registered address is Parkhill Business Centre, Walton Road, Wetherby, West Yorkshire, LS22 5DZ.
More funding options for Hull businesses
Invoice finance is one of several ways to strengthen cash flow, and sometimes a different product, or a combination, is the better fit. Alongside the solutions mentioned above, we can advise Hull businesses on merchant card advance, trade finance, bridging finance and development loans. Whatever the question, we will tell you straight whether we can help.
Get in touch
Funding question? Even if you're not sure what's possible, call us. We'll tell you straight whether we can help.
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