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• 17 May

  Turn Unpaid Invoices Into Cash

  You can turn your unpaid invoices into cash within a couple of days.

  Get help turning unpaid invoices into cash

  How To Get Funding For Unpaid Invoices

  If your business is struggling with unpaid invoices, funding unpaid invoices can provide the cash flow you need to keep operations running smoothly. By using invoice finance, you can release the cash tied up in those invoices, ensuring timely payments to suppliers and employees.

  Our team can help you access flexible funding solutions tailored to your business releasing funding for unpaid invoices, call us on 03330 113622 for immediate support.

  Turning Invoices Into Cash

  It is a simple process, you could receive, for example, 85% of the value of your outstanding sales invoices within the next 48 hours. They don't even need to be due or overdue - you can get money against them as soon as you raise them.

  Cash From Your Outstanding Sales Ledger

  Having an outstanding sales ledger of unpaid invoices appears to be the bane of many UK businesses. Assuming the customers eventually pay, these are cash in the bank for the future but that does not necessarily help you today. It can be so frustrating looking at a ledger of outstanding invoices and yet having an empty bank account.

  See the UK Government's article about Late Payments.

  Releasing Cash Now

  Many businesses find themselves in a situation where they need to release some of that cash immediately. This could be to pay suppliers for raw materials, meet the monthly staff payroll or other unexpected costs such as a large VAT bill or PAYE bill.

  There are simple ways of raising cash against those unpaid invoices. The companies that provide this type of funding will advance you say 85% of their value immediately. Either they will collect the outstanding invoice for you, or you can do this yourself. Once it is paid, the balance is released to you less a charge for using the prepayment service.

  No Ties Or Minimums

  If you don’t like the idea of being tied into an arrangement, there are selective arrangements available where you have no lock-ins, no minimum requirements for usage and no obligation to ever use the service again. If you just needed some cash to get you over a short-term cash flow lull, this can be the answer.

  By Glenn Blackman