Funding products

Selective invoice Finance

What is selective invoice financing?

Selective invoice financing allows businesses to borrow against specific invoices instead of their entire sales ledger. Also known as “spot factoring” or “single invoice finance,” it provides a cost-effective solution for businesses that don’t want to finance all outstanding invoices. This type of financing maintains healthy cash flow, mitigates seasonal fluctuations, and advances a percentage of the invoice value instantly, removing the need to wait for lengthy payment terms. It offers flexibility to access cash tied up in specific invoices without financing the entire accounts receivable, preserving control over the sales ledger. Selective invoice finance provides a tailored, cost-effective solution to address short-term cash flow needs and fund growth initiatives without the constraints of traditional invoice financing arrangements.

How it works

You invoice clients as usual. To access invoice financing, select specific invoices and submit them to us. We will provide up to 80% of the invoice value. We’ll verify the invoice with your customer and deposit the funds into your account within 24 hours. After your customer pays the invoice, you’ll receive the remaining balance, minus Funding Alternative’s service fee. This allows you to unlock cash from outstanding invoices without financing your entire accounts receivable.

Selective invoice financing

Funding Alternative Group specialises in supporting businesses that need financing assistance on selected invoices or specific customers – a facility also known as spot factoring. This is an excellent option for companies relying on a small number of high-value invoices or clients with large exposures. By financing these invoices, businesses can access cash to reinvest in their operations and supply chain.

Benefits of selective invoice financing

Selective invoice finance allows you to quickly unlock funds tied up in unpaid invoices, rather than waiting 30, 60, or even 90 days for customer payments.

Other key benefits include:

Invoices financed from £500-£250,000
Maintain control over your sales ledger and client relationships
Accessing funds within hours
No long-term contracts or regular fees
Flexibility to use the facility as needed
Easy to access advance on your invoices
Dedicated personal account manager

Speak to one of our account managers to find out more.

Cash advance

What is a business cash advance?

Business cash advances offer a flexible financing option for companies needing capital. Instead of a traditional loan, the business receives an upfront sum which is repaid through a percentage of their future sales receipts. This repayment structure adjusts based on cash flow – higher sales mean faster repayment, while slower periods result in lower payments. The application process is straightforward with minimal documentation required, and businesses can qualify regardless of having a payment terminal. Funding amounts and repayment plans are determined by assessing the company’s monthly revenue streams. This makes cash advances well-suited for businesses seeking quick access to financing without lengthy approval processes or stringent collateral requirements typically seen with traditional loans.

Funding Alternative offers business cash advances as part of its range of flexible financing solutions for UK small and medium-sized enterprises.