Invoice Finance in Leeds
CoreFi arranges invoice finance for Leeds businesses, typically limited companies that invoice other businesses on credit terms. Factoring and invoice discounting release cash tied up in your sales ledger. We match your case to suitable lenders. Advance rates and fees are indicative and depend on your debtor book and lender appetite.
Invoice finance releases the cash tied up in unpaid B2B invoices. Instead of waiting 30, 60 or 90 days to be paid, you draw down a large share of each invoice's value soon after you raise it, and the balance (less the fee) follows when your customer settles. That suits Leeds businesses that sell to other businesses on credit terms and carry the working-capital gap in between: engineering and manufacturing firms in Hunslet and Stourton supplying larger buyers, logistics and distribution operators along the Aire Valley, recruitment and staffing agencies serving the city's large employers, print and packaging firms, and professional-services and tech firms billing corporate clients from the city core and the South Bank. CoreFi is a commercial finance broker; we match your ledger to lenders whose criteria fit. We do not lend ourselves and we do not set the advance rate or fee. Any figure here is indicative and for illustration only.
- 1
Tell us about your ledger
Share who you invoice, your typical terms, roughly what your outstanding sales ledger looks like, and whether you want to keep control of collections. It costs nothing to start.
- 2
We match you to invoice finance lenders
We identify providers on our panel whose appetite fits your business size, sector and debtor book, and present your ledger so the case is assessed properly the first time.
- 3
Review terms and proceed
Interested lenders come back with indicative advance rates and fees. All figures are illustrative until formally offered. You compare, decide, and we help set the facility up.
Factoring or invoice discounting
There are two main forms. With factoring, the lender advances against your invoices and also runs credit control, chasing your customers for payment, which can suit smaller firms or those without a dedicated credit function. With invoice discounting, you keep control of collections and your customers need not know a funder is involved, which tends to suit larger or more established businesses with their own credit-control team. Both can be arranged for the whole ledger or, in some cases, on selected invoices. The lender advances a share of each invoice up front, then releases the rest, minus its fee, once your customer pays. Because the debt itself provides the security, invoice finance can scale with your sales, which is why growing Leeds firms often prefer it to a fixed loan.
What Leeds lenders look at
For invoice finance, lenders underwrite your debtor book as much as your business. They look at who your customers are and how creditworthy they are, how concentrated your sales are among a few large buyers, your typical payment terms, and how clean your invoicing and dispute history is. A Stourton distributor invoicing a spread of solid corporate customers is a strong case; a firm reliant on one or two slow-paying debtors is harder, though not impossible. Sector matters too, because some lenders are wary of ledgers with lots of applied-for-payment or contractual billing, such as certain construction work. We help you present the ledger clearly and match you to lenders comfortable with your customer base and sector, so the case lands with the right desk first.
Why bring the deal to CoreFi
The invoice finance market runs from the big bank-owned providers to independent and specialist funders, and their appetite differs on business size, sector, debtor concentration and how much control you want to keep. The pricing structure, service fee, discount charge and any minimums, is not always easy to compare like for like. We hold that detail across our panel, so we can steer a Leeds business toward the providers most likely to fund its ledger on sensible terms, and help you read the small print before you commit. For a growing engineering, logistics or recruitment business where cash flow is the constraint on taking the next order, getting the right facility matters. We cannot promise an advance rate or approval, because the lender decides, but we can save you the legwork and make the comparison honest.
Frequently asked questions
What is the difference between factoring and invoice discounting?
With factoring the lender also runs credit control and chases your customers; with invoice discounting you keep collections in-house and it can stay confidential. Which suits you depends on your size and whether you have a credit-control team. We talk you through both.
Which Leeds businesses does invoice finance suit?
Businesses that sell to other businesses on credit terms and wait to be paid: manufacturers, distributors, logistics, recruitment agencies, print firms and B2B service businesses. It is not designed for firms that mainly sell to consumers for immediate payment.
How much of each invoice can I draw down?
Lenders advance a share of each invoice up front and release the rest, minus their fee, when your customer pays. The exact advance rate depends on your debtor book and the lender; any figure we mention beforehand is indicative only.
Do you provide the funding yourselves?
No. CoreFi is a commercial finance broker, not a lender. We match your ledger to invoice finance providers and help you compare their terms, but the advance rate, fee and decision sit with the lender.
Get matched with lenders for your Leeds 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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