Confidential invoice finance

Quick facts

Amount

Up to 95% of the value of your unpaid invoices (your entire sales ledger)

Term

Depends on the product and on your payment terms (e.g. 30, 60, 90 or 120 days)

Cost

A percentage of the invoice value (rate will vary according to your business profile, the lender and the length of the loan) plus set-up fee

Speed

Usually within 48 hours

Purpose of finance

To ease cash flow and to minimise late payment and debt

Suitable for

Smaller businesses with a minimum turnover (e.g. from $50,000) who want to keep their factoring arrangement confidential – some providers will work with new businesses

As you’d expect from the name, confidential invoice finance refers to all invoice discounting and invoice factoring facilities that remain confidential – your customers are not made aware that you’re using invoice finance.

If confidentiality is important to you, you might consider the three main types of confidential invoice financing: