We provide full sales ledger, credit control and cash flow solutions.

The key to growing any small to medium sized business is having the cash available to do so. With Innovation Finance the solution is easy. As banks tighten their lending requirements, Innovation Finance can provide a helping hand with convenient and straightforward financing solutions to small and medium-sized enterprises. Factoring is a simple way to release funds against unpaid invoices, providing you with immediate access to working capital. In comparison to an overdraft or bank loan where funding is normally capped, factoring allows your facility to grow in line with your sales performance. As a result, the faster you grow the more funding we can make available to you. From day one, Innovation Finance can release up to 85% of the value of your outstanding invoices and help reduce your waiting time for outstanding invoices to be paid. With IF, you will receive a truly personalised service and will be treated with honesty and consideration. You will not be just a number.

Funding

Innovation Finance may typically release up to 4 times more than conventional bank funding by providing you with an immediate cash injection against your outstanding invoices. Our fast and personal service means that you could have cash in your bank account within hours. The type of funding we provide includes:

Factoring

The process of turning unpaid invoices into cash, allowing a business to maximize their Cashflow. As part of this service IF also manage the sales ledger, credit control and collects payment from the customers. IF's factoring service is transparent & uses the latest systems to offer clients the most up to date information.

Disclosed Invoice Discounting

This allows a business to manage its own credit collections with disclosure of IF's involvement. Ultimately this will enable the client to retain control of their relationships with their customers.

Invoice Discounting

This provides clients with a commercial finance service that provides fast access to cash which is tied up in unpaid invoices. Invoice discounting differs from Factoring as the business manages its debt collection and credit control.

Export Factoring

IF can offer overseas funding against invoices for businesses that are based in the UK. In addition IF has connections with a number of overseas factoring houses.


IF also has strategic links with an excellent credit insurer broker, trade finance houses and leasing companies.

As a small business owner you have to be an expert in all kinds of issues, wearing different hats all of the time. By allowing Innovation Finance to take away the strains and stresses of running the sales ledger and the credit function, IF enables you to concentrate on growing your business.