Invoice finance in Glasgow
CoreFi arranges invoice finance for Glasgow businesses, typically limited companies that sell to other businesses on credit terms. Factoring and invoice discounting release cash tied up in unpaid invoices. We match you to lenders who fund Glasgow firms. Terms and advance rates are indicative and depend on your debtors and lender appetite.
A lot of Glasgow trades on credit terms. Engineering and fabrication firms in the Clyde Valley invoice larger contractors and OEMs; wholesalers and food producers supply retailers and the hospitality trade; recruitment and staffing agencies serve the city's offices, hospitals and construction sites; and contractors up and down the supply chain wait thirty, sixty or even ninety days to be paid. That gap between doing the work and getting paid ties up cash exactly when a growing business needs it most. Invoice finance closes the gap by releasing most of an invoice's value as soon as you raise it.
CoreFi is a commercial finance broker that arranges invoice finance for Glasgow businesses, principally limited companies selling to other businesses. Whether you want a straightforward line to smooth cash flow or a facility that grows as your sales ledger grows, we match you to lenders whose criteria fit your sector and debtor profile. Any advance rates, fees or terms mentioned here are indicative and illustrative only; the lender decides and prices the facility based on your business and your customers.
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Tell us how your Glasgow business bills
Explain who you sell to, your typical payment terms, and roughly the size of your sales ledger. That tells us whether factoring or invoice discounting fits and which lenders to approach.
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We match you to invoice finance lenders
We approach lenders on our whole-of-market panel whose criteria suit your sector, debtor profile and any customer concentration, and package your ledger the way they expect to assess it.
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You compare facilities and we set it up
We explain advance rates, fees and the real cost of any offers, help you choose between factoring and confidential discounting, and manage the facility through to being live and funding your invoices.
Factoring and invoice discounting explained
Invoice finance comes in two main forms. With factoring, the lender advances a large share of each invoice, usually soon after you raise it, and then manages collection of the debt from your customers, which can suit smaller Glasgow firms or those without a dedicated credit control function. With invoice discounting, you keep control of collections and the arrangement is confidential, so your customers need not know a facility is in place; this tends to suit larger, established businesses with their own credit team. Both release cash tied up in your sales ledger rather than waiting out long payment terms. For a Glasgow engineering subcontractor invoicing a main contractor, or a wholesaler supplying the retail and hospitality trade, either can turn a ninety-day wait into working capital available the same week the invoice goes out.
Which Glasgow businesses it suits
Invoice finance works best for businesses that sell to other businesses on credit terms and raise clear, unconditional invoices for completed work or delivered goods. That covers a lot of Glasgow's economy: manufacturing and engineering supplying the Clydeside and wider UK supply chain, wholesalers and distributors along the M8 corridor, printers and packaging firms, recruitment and staffing agencies serving the city's large employers, transport and haulage, and business services billing corporate clients. It tends not to suit firms that sell mainly to consumers for immediate payment, or those whose invoices depend on staged sign-off or retentions, such as some construction work, though specialist lenders exist for construction and contract sectors. If you are unsure whether your ledger fits, tell us how you bill and we will give you a straight answer.
How a broker helps you choose
The invoice finance market is broad, and lenders differ on the advance rate they offer, the fees they charge, whether they insist on factoring or allow confidential discounting, and which sectors and customer types they are comfortable with. Some are cautious about concentration, where much of your turnover sits with one or two big customers, which is common for Glasgow subcontractors tied to a single main contractor. As a broker working across a whole-of-market panel, we can match your sales ledger and sector to lenders whose criteria fit, and explain the true cost so you are comparing like with like rather than headline rates. We cannot promise a particular advance rate or that a lender will take on your ledger; that decision and the pricing sit with the lender and depend on your business and your debtors.
Frequently asked questions
What is the difference between factoring and invoice discounting?
With factoring, the lender advances against your invoices and manages collection from your customers, so they know a facility is in place. With invoice discounting, you keep control of collections and the arrangement is usually confidential. Factoring often suits smaller Glasgow firms; discounting tends to suit larger businesses with their own credit control.
How much of each invoice can I get up front?
Lenders typically advance a large share of an invoice's value soon after you raise it, with the balance paid when your customer settles, less fees. The exact advance rate varies by lender, sector and debtor quality. Any figure we mention is indicative only; the lender sets the actual rate based on your business and your customers.
Does invoice finance suit my Glasgow business?
It works best if you sell to other businesses on credit terms and raise clear invoices for completed work or delivered goods, which covers much of Glasgow's engineering, wholesale, recruitment and services base. It suits less well if you sell mainly to consumers for immediate payment, or where invoices depend on staged sign-off. Tell us how you bill and we will be honest.
Does CoreFi provide the invoice finance itself?
No. CoreFi is a broker, not a lender. We arrange invoice finance by matching your Glasgow business to lenders on our panel and are paid commission by the lender. The decision to fund your ledger, the advance rate and the fees are all set by the lender, not by us.
Get matched with lenders for your Glasgow 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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