Selective Invoice Financing
Need quick cash by “selling” specific invoices to us? Selective Invoice Financing can help!
You get most of the invoice amount upfront, and once the customer pays, you get the remaining amount, minus our fees.
What is Selective Invoice Financing
Selective Invoice Financing is a funding solutions that turns outstanding invoices into growth capital for the business.
Winning new business on credit terms is a good problem to have — until it isn’t. Every invoice on 30, 60, or 90-day terms is money you’ve earned but cannot yet spend. For many growing UK businesses, that gap slows down expansion.
Selective Invoice Finance from Funding Alternative helps to close that gap. Instead of waiting out the payment term, you can release most of an invoice’s value almost immediately. That frees up cash to reinvest in the things that grow your business.
Selective Invoice Financing Explained
What is Selective Invoice Finance?
Your company sells us invoices for completed work to where we advance you 80% (figure can vary) after verifying through your customer. Your customer then pays the invoice amount to us per the credit terms (usually 30 to 60 days) and we give you back the invoice amount, less our advance, less the fees.
Get paid right away for work you’ve completed.
What are the Facility Sizes?
Up to £250,000.
What Security Do I Need For Selective Invoice Financing?
Personal Guarantees from all directors and in some cases large shareholders as well as a Debenture over the company.
Can my business apply?
- Yes, if you’re a Limited company
- Yes, if you are registered in England, Wales, or Scotland.
- Yes, if there are no bankruptcies or disqualifications
- Yes, if you have invoices for completed works that have credit terms
What Information Do I need To Apply For SIF?
- Company name / registration number
- 6-months company bank statements OR Open Banking
- Debtor business names and the insurance limit you want
- Homeownership details (address & mortgage value)
- Invoice you want funded and the audit trail
How Quickly Will My Business Get The Funds?
From the point we have the minimum information package:
- Indicative offer within 4-hours
- Funding within 24-hours subject to invoice verifications
How Do My Repayments Work?
Once your client settles the invoice, you get the remaining balance minus any agreed fees.
What You Can Do With Funding Alternative Selective Invoice Financing
Funding alternative has helped hundreds of UK businesses with Selective Invoice Financing over the past years.
Whether you are company that needs support with one large invoice each month or a national wholesaler with hundreds of invoices, we can assist.
Trusted Partners We Work With
WorldPay Partner
Exceptional payments technology and expertise for businesses.
Rated on Trustpilot
Positive reviews from businesses and brokers on TrustPilot.
Plaid Partner
We make it easy, safe and reliable for businesses to connect their financial data to our services.
Receipt Bot Partner
Receipt Bot converts PDF bank statements into structured data for analysis.
Transunion Partner
Transunion offers total credit protection all in one place from credit alerts, credit reports and credit scores.
Square Partner
Use Square to manage your cash flow, for checking and savings accounts and for small business operations.
Elavon Partner
Solutions built to meet your needs now and scale with your business as it grows.
SumUp Partner
Keep payments simple and reliable, so your business can keep the neighborhood buzzing.
What Clients Have to Say About Our Funding Options
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Just Get In Touch!
Apply online or call 0800 1026000 to set an appointment.
Selective Invoice Financing News & Information
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We know the challenges entrepreneurs face because we’re entrepreneurs too. We’re more than a source of funding; we’re a partner who understands your vision and supports your ambition.
Our approach combines financial flexibility with genuine understanding and a human touch. It’s about more than just money, it’s about moving forward together.