Invoice Finance for Transport & Logistics
By Joshua Giles, Founder and Director · Reviewed by the CoreFi credit team
Last updated 20 July 2026
CoreFi is a broker, not a lender. We do not set rates and lenders make all credit decisions.
In short: £25k - £3M facility over Ongoing (12-month rolling). The mechanics are straightforward.
The mechanics are straightforward. You deliver a load, you raise an invoice, and a lender advances typically 80 to 90 percent of the face value against a signed POD. The outstanding balance arrives when your customer settles, less the funder's fee. You are not waiting 45 or 60 days for a haulage debtor to pay before you can cover the diesel bill or the Friday wages run.
Transport is a product category where the lender's appetite for the industry genuinely matters. They need to handle proof-of-delivery documentation, understand subcontractor margin structures, and be comfortable with self-billing arrangements where the customer generates the invoice rather than you. A high-street bank's trade finance desk generally cannot accommodate that. The lenders we place transport invoice finance with can, and several integrate directly with common TMS platforms so POD capture is automated rather than a manual post or scan.
Facilities usually run on a rolling 12-month basis and scale with your debtor book. A fleet turning over £1M a year in haulage revenue might carry £150k to £200k of invoices outstanding at any point. An 85 percent advance against that is real working capital. The fee structure is typically a service charge (a percentage of turnover passed through the facility) plus a discount charge on the funds drawn, akin to a daily interest rate. As your broker, we will model both for you before you commit to anything. Terms and availability depend on the lender's assessment of your book; nothing here is a guarantee of funding or rate.
Key Benefits
- Advance of typically 80 to 90 percent of invoice value once POD is confirmed, rather than waiting on your customer's payment run
- Lenders with genuine transport appetite understand self-billing and subcontractor arrangements, so you are not placed with a generalist who asks what a POD is
- Facility limit moves with your debtor book, so a contract win that doubles your revenue does not turn into a cash-flow crisis
- Some providers attach a fuel card to the facility, giving you purchasing power on the road and keeping your diesel spend in one place
Frequently Asked Questions
Do I need proof of delivery for each invoice?
Yes, and this is non-negotiable. The lender is advancing against the debt, and a signed POD or electronic delivery confirmation is the evidence the debt exists. Most transport-specialist providers can integrate with common TMS platforms so this does not mean a manual upload for every run.
Can owner-drivers use invoice finance?
Often, yes. Some providers go as small as £10k per month minimum facility, which covers a single-vehicle operator with consistent contract work. The key is that you are invoicing a business debtor under credit terms, not collecting cash on delivery. As a limited company, you fall under our unregulated commercial finance remit; sole traders may face different lender criteria, which we will flag upfront.
What about subcontractor payments?
The lender needs to understand your margin structure before they underwrite the book. Some providers will pay subcontractors directly out of the facility, which simplifies your position considerably. This is worth clarifying at the outset, and we raise it when we approach lenders on your behalf.
Is self-billing accepted?
Yes, provided the lender understands the arrangement. Self-billing, where your customer raises the invoice on your behalf, is common in haulage, and transport-specialist lenders are set up to work with it. A generalist funder often is not, which is why lender selection matters here.
Invoice Finance calculator
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Cash advanced now
£42,500
Fee
£750
Net received
£49,250
Held back
£7,500
Illustrative estimate only, not a quote or financial advice. A broker will confirm exact terms based on your circumstances and lender appetite.
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Invoice finance by location
Lender appetite varies by city and region. If you would rather start from where your business is based, these local guides cover the same funding with the local picture.
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Get matched with lendersCoreFi is a trading name of JG Core Ltd (Company #16218779, England & Wales). CoreFi acts as a commercial finance broker and does not provide regulated financial advice. All products described are unregulated business-to-business finance. Information on this page is for general guidance only and does not constitute a formal offer of finance. Terms, rates, and availability are subject to lender criteria and may change without notice.