Invoice finance in Aberdeen
CoreFi arranges invoice finance for Aberdeen limited companies, releasing cash tied up in unpaid invoices so long payment terms do not choke your cash flow. We approach a whole-of-market panel to match you to the right facility. We are a broker, not a lender.
Invoice finance advances a large part of the value of an unpaid invoice soon after you raise it, so you are not waiting sixty or ninety days to be paid before you can pay wages and suppliers. CoreFi arranges it as a broker, comparing our whole-of-market panel to fit the facility to how your business trades.
In Aberdeen this matters because so much local trade runs on long terms. A subsea contractor, an engineering firm or a recruitment business supplying the energy sector can wait months for a large client to settle, even when the work is done and the order book is healthy. Invoice finance smooths that gap.
- 1
Tell us about your invoicing
Share who you invoice, your typical payment terms and the value tied up in your ledger. That tells us which providers are likely to suit.
- 2
We compare the market
We match your business to invoice finance providers on our whole-of-market panel, weighing factoring, discounting and selective options, and return indicative terms.
- 3
Set up and start funding
You choose the facility that fits. We help get it in place so cash is released against your invoices as you raise them.
Long payment terms in the energy supply chain
The Aberdeen economy is built on a supply chain where large operators and prime contractors often pay on extended terms, and that squeezes the smaller firms beneath them. A fabrication business in Altens, a subsea services company, an inspection or testing firm, or a recruitment agency placing contractors offshore can each be owed substantial sums while still needing to cover payroll, materials and their own suppliers now. The problem is rarely a lack of profit; it is timing. Invoice finance releases cash against those invoices as they are raised, turning a healthy but slow-paying order book into working capital. For a growing North East firm winning bigger contracts, that timing gap often grows just when the business can least afford it.
Factoring, discounting and selective options
Invoice finance comes in several shapes. Factoring advances against your invoices and hands credit control and collections to the finance provider, which can suit smaller firms without a dedicated ledger team. Invoice discounting does the same on the funding side but leaves collections with you and is usually confidential, so your customers need not know. Selective or spot options let you fund individual invoices rather than the whole ledger, which can suit a business with one or two large energy sector debtors. Which fits depends on your customers, your team and how much control you want to keep. Costs and advance rates vary by provider and are indicative until a lender assesses your ledger.
Matching the facility to your ledger
The right invoice finance facility depends heavily on the make-up of your customer base, and in Aberdeen that base is often concentrated among a handful of large energy and engineering clients. Some lenders are comfortable with that concentration; others prefer a spread of debtors and will price concentration as a risk. Because we work across a whole-of-market panel, we can match the shape of your ledger to providers that will engage sensibly with it rather than penalise it. We will also be straight about where a facility is not the right answer. The aim is a funding line that genuinely eases cash flow, priced fairly for the way your Aberdeen business actually trades.
Frequently asked questions
How much of an invoice can be advanced?
Providers commonly advance a large portion of an invoice's value soon after it is raised, with the balance paid on settlement, less costs. The exact advance rate is set by the lender based on your ledger and customers, so early figures are indicative only.
Will my customers know I use invoice finance?
Not necessarily. Invoice discounting is usually confidential, so collections and customer relationships stay with you. Factoring is more visible because the provider handles collections. We help you choose based on how much you want your customers to see.
Can I fund just one or two large invoices?
Often yes. Selective or spot invoice finance lets you fund individual invoices rather than the whole ledger, which can suit an Aberdeen business with one or two large energy sector debtors. Availability depends on the provider.
Is CoreFi the one providing the funding?
No. We are a broker, not a lender. We arrange invoice finance by matching your Aberdeen business to providers on our whole-of-market panel. The provider assesses your ledger, sets the advance rate and provides the funding.
Get matched with lenders for your Aberdeen business
Tell us what your business needs and we will match you with lenders whose criteria fit. No obligation, no cost to start the conversation, and a straight answer about what is realistic for your situation.
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