Invoice Finance
Release cash into your business using unpaid invoices.
- Get up to 90% of your invoice value
- Release cash within 24 hours of approval
- Improve cash flow for expenses and opportunities
How invoice finance works
Invoice financing, also known as accounts receivable financing or invoice factoring, is a financial arrangement where your business sells its accounts receivable (invoices) to a lender, at a discount.
This allows your business to receive immediate cash flow instead of waiting for customers to pay their invoices. Invoice financing is particularly useful for businesses with long payment terms or seasonal cash flow fluctuations.
Invoice financing provides businesses with a convenient and accessible way to manage cash flow and access working capital, enabling them to focus on growing their operations and serving their customers.
Why choose TAFCO?
We understand that time is of the essence when it comes to accessing working capital. Our streamlined application process and quick approval turnaround time mean that you can get the funds you need without unnecessary delays or paperwork.
Your partner in growth
Whether you’re a small business looking to manage cash flow or a large enterprise seeking to optimise working capital, TAFCO has the experience necessary to help you succeed.
Got questions?
We’re here to help
Here at TAFCO, we pride ourselves on offering an honest and friendly service to companies who are in need of asset finance solutions. Not only that, we also have one of the lowest margin requirements in the broker industry, meaning you get a better rate.
Call us directly:
01270 845 888
Mon-Fri 9am-5pm
Frequently Asked Questions
What is asset finance?
Asset finance is a financial solution that allows businesses to acquire assets such as machinery, vehicles, technology equipment, and more without paying the full purchase price upfront. Instead, the assets are financed through loans, leases, or other arrangements, with repayments spread over time.
What kind of assets can be financed?
A wide range of assets can be financed, including but not limited to vehicles, manufacturing equipment, office furniture, IT infrastructure and agricultural machinery.
What are the different types of asset finance available?
The main types of asset finance include hire purchase, finance lease, operating lease, and asset refinancing. Each type offers different benefits and structures, catering to various business needs and financial situations.
What factors are considered in the approval process?
Lenders typically consider factors such as your business’s creditworthiness, financial stability, the value and condition of the assets being financed, and your ability to repay the finance. Each lender may have specific criteria they use to assess applications.
How long does the approval process take?
The approval process for asset finance can vary depending on the lender, the complexity of the application, and the type of assets being financed. It may take anywhere from a few days to a few weeks to receive approval.