Invoice finance
Turn an invoice into cash.
You shipped weeks ago and the money is due in 90 days. We advance most of the invoice's value within a day or two of approving it, and collect from your buyer on the original due date.
No buyer enrolment. No property charge. One invoice is enough to start.
The problem
You are your buyer's cheapest lender.
Ninety-day terms are not a payment schedule. They are a loan — from you, to a company that is usually larger and better financed than you are, at zero interest, secured on nothing.
It shows up as the thing that caps your growth. The next order needs materials, shipping and labour paid up front, and the cash for it is sitting in a receivable you cannot touch. So you turn work down, or you take it and stretch every supplier you have.
Invoice finance closes the gap between doing the work and being paid for it. Nothing about your buyer relationship changes — not the terms, not the due date, and in most arrangements not even their paperwork.
- Take the next order instead of waiting for the last one to clear
- Pay your own suppliers early, and keep the discount for doing it
- Stop financing a customer's working capital out of your margin
How it works
Four steps, and only the first one is work.
Setting up takes a few days, because we get to know your buyers properly. After that, funding an invoice is minutes.
- 01
Send the invoice and the shipping documents
Upload them, email them, or let us pull them from your system. That is the application — there is no separate form, and no business plan to write.
- 02
We check the documents and the buyer
Fields are read and cross-checked automatically, then a person reviews anything that does not reconcile. We confirm the buyer is good for the amount and tell you what we can fund.
- 03
You draw the funds
Most of the invoice's value, in the currency you choose, to your account or a multi-currency wallet on the platform. Usually one to two business days from approval.
- 04
Your buyer pays, and the line resets
They pay on the original due date. The balance is released to you less the financing cost, and the limit is available again for the next invoice.
Indicative terms
- 80–90 %
- Of invoice value, advanced up front
- 1–2 days
- From approval to funds in your account
- 30–120 days
- Invoice tenors we fund
- 0 buyers
- You need to enrol or notify
Indicative only. Advance rate, pricing and tenor depend on the buyer's credit, the corridor, and the documents behind the invoice.
On one invoice
What the money actually does.
Take a single $250,000 invoice on 90-day terms, at an 85% advance rate. The shape is the same whatever the numbers are.
Your working capital stops being a function of your buyer's payment calendar.
- Day 0 You ship and invoice $250,000
- Day 2 We advance 85% $212,500
- Day 90 Your buyer pays us $250,000
- Day 90 Balance released, less cost $37,500
Illustrative, not a quote. Your advance rate and financing cost depend on the buyer, the corridor and the documents.
What it costs
Priced per invoice, per day it is outstanding.
There are two numbers: a rate charged on the amount advanced for the days it is outstanding, and a fee per invoice or per drawdown. That is the whole structure. No arrangement fee on a facility you have not drawn, and no monthly minimum to hit.
The headline rate matters less than two things people forget to ask about. The first is the advance rate — 85% at a slightly higher rate beats 70% at a cheaper one, because money you cannot access is worth nothing. The second is whether the cost is charged on the advance or on the invoice's face value, which are not the same number.
Ask us for the total cost of financing one specific invoice for its full term, as a single figure in your currency. We will give you that before you sign anything.
- Charged on what you draw, for the days you have it
- No facility fee on undrawn limits, no monthly minimum
- The full cost of a real invoice, quoted as one number, before you commit
What you need
Less about you than you would expect.
We are underwriting a transaction that has already happened, not your balance sheet. That is why this is available to businesses a bank would decline for a loan.
- 01 A business buyer
- Business-to-business invoices only. We cannot fund invoices raised on consumers.
- 02 Goods already delivered
- The receivable has to exist. Invoice finance starts at the invoice; funding production is a different, harder product.
- 03 Documents that agree
- Invoice, purchase order and proof of shipment, reconciling with each other. Most delays are a mismatch between two pieces of paper.
- 04 A buyer we can assess
- Registered, traceable, and with some record of paying on time. Corridors and jurisdictions we can operate in.
- 05 No dispute on the delivery
- Part shipments and open credit notes can still be funded, but only for what was actually delivered.
- 06 Identity checks
- KYC and KYB on your company and its signatories, plus sanctions screening through a specialist provider. Done once, then kept current.
Questions
The things people ask first.
Does my buyer have to agree to this, or even know?
For most receivables arrangements, no. There is nothing for them to sign up to and no change to how they pay. Some structures do involve notifying the buyer or redirecting payment, and we will tell you plainly which one your facility uses before you sign.
What happens if my buyer does not pay?
That depends on whether your facility is with or without recourse. With recourse — the common, cheaper structure — we reclaim the advance from you. Without recourse, the loss sits with the financier within limits set out in the agreement, and usually depends on credit insurance being available on that buyer. You should know which one you signed, because it is the difference between financing and insurance.
Do I have to finance every invoice?
No. You choose which invoices to fund and when. Nothing obliges you to draw, and there is no penalty for a quiet month.
Is this secured against my property or my other assets?
The receivable itself is the security. We do not take a charge over property, and personal guarantees are not a standard part of the structure.
How concentrated can my buyer base be?
You can be funded with a small number of buyers — many exporters have exactly that. Concentration limits will apply, and pricing reflects the risk of a single buyer carrying most of your revenue.
What currencies can I be paid in?
Seven, including USD, SGD, HKD and EUR. The proceeds can land in a multi-currency wallet on the platform so you convert when the rate suits you rather than when a wire clears.
How long does the first invoice take?
A few days, most of which is identity checks and getting to know your buyers. After that, an approved invoice is usually funded within one to two business days.
Start small
Send us one invoice.
Not a facility application. One invoice and the buyer's name, and we will tell you what we could advance and roughly what it would cost.
- An indicative answer, usually the same day
- No cost, and no obligation to draw anything
- If it is not a fit, we will say so and tell you why