Invoice Finance FAQs
What is the difference between invoice financing and invoice factoring? What is the process from initial enquiry to funds in my bank account? How long will the invoice finance process take? Can you use invoice finance to fund new start businesses? Can you use invoice finance to fund phoenix companies? How much money can I borrow with invoice finance? What if I don’t want my customers to know that I’m using invoice finance? Does invoice finance tie me in to a lengthy contract? Can I access details of my account in real time? Can I trust you to handle my credit control in a professional manner? Can I use more than one provider simultaneously? Will there be someone managing my account? I provide goods and services to consumers, will you fund these invoices? Will I face any issues in receiving the level of funding I need? What charges can I expect with invoice finance? Who should consider Invoice Finance brokers? Is invoice financing a good idea? Is Invoice finance in the UK suitable for small businesses? How does invoice financing actually work? Are invoice finance brokers regulated in the UK? What is invoice financing in the UK? How much will invoice finance cost? I export goods and services, will you provide invoice finance on these invoices? I'm already using a factoring provider but I’m unhappy and want to switch, can you do this for me? Why should I choose Novuna Business Cash Flow? Why should I use an invoice finance provider instead of my bank overdraft? What is an invoice finance company?