Invoice Finance in Nottingham
CoreFi arranges invoice finance for Nottingham businesses, principally limited companies, releasing cash tied up in unpaid B2B invoices through factoring or invoice discounting. We match your case to lenders who fund your sector. Advance rates, fees and terms are indicative and depend on your debtor book and lender appetite.
Invoice finance releases the cash tied up in your unpaid invoices instead of waiting 30, 60 or 90 days to be paid. A lender advances a proportion of each qualifying invoice soon after you raise it, then releases the balance, less their fee, once your customer pays. Across Nottingham, from recruitment and creative agencies in the Lace Market to engineering subcontractors, manufacturers and B2B suppliers serving the county's manufacturing and logistics base, businesses use it to smooth cash flow when they are growing or selling on payment terms.
CoreFi is a commercial finance broker. We work with businesses, principally limited companies, to understand how you invoice and match you to lenders whose criteria fit. We do not lend ourselves and we do not decide the outcome. Whether finance is offered, and on what terms, depends on your debtor book, your sector and each lender's appetite at the time. Any advance rate, fee or term mentioned on this page is indicative and for illustration only.
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Tell us how you invoice
Share who you sell to, your typical payment terms and roughly the size of your sales ledger. There is no cost to talk it through and no obligation.
- 2
We match you with invoice finance lenders that fit
We identify the lenders on our whole-of-market panel whose appetite fits your sector, debtor spread and the way you run collections, and we package the case so it is presented properly the first time.
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You review indicative terms and decide
Where lenders come back with interest, we bring you the indicative advance rate, fees and terms in plain English. Figures are illustrative until a lender issues a formal offer. You decide whether to proceed, and we help set up the facility.
Who uses invoice finance in Nottingham
Invoice finance suits businesses that sell to other businesses on credit terms and wait to be paid. In Nottingham that commonly means recruitment agencies placing staff and covering payroll before the client pays; creative, digital and marketing firms in the Lace Market and Hockley invoicing project fees; engineering and manufacturing subcontractors along the Colwick, Blenheim and Bulwell estates supplying larger firms on 60 or 90-day terms; wholesalers and hauliers along the M1 corridor; and professional services billing on account. If your cash is regularly stuck in a sales ledger while you still have wages, suppliers and overheads to pay, invoice finance can bridge that gap and grows with your turnover rather than being fixed like a loan.
Factoring and invoice discounting
There are two main forms. Factoring means the lender advances against your invoices and also runs the credit control and collections, chasing your customers for payment, which suits smaller businesses or those without a dedicated finance function. Invoice discounting advances against the invoices but leaves collections with you, and is usually confidential, so your customers need not know a lender is involved, which suits established businesses with their own credit control. Facilities can cover your whole ledger or, in some cases, selected invoices. Which fits depends on your size, how you run collections and how your customers pay. We talk that through rather than assuming.
Why a broker helps on invoice finance
Invoice finance lenders differ in the sectors they like, the debtor concentrations they will accept, the advance rates they offer and how they price collections and confidentiality. A recruiter with a spread of clients looks very different to a manufacturer reliant on one or two large customers, and lenders judge those debtor books differently. A broker knows which lenders suit which ledgers, so we can steer a Nottingham agency or engineering subcontractor toward the ones whose appetite fits. That tends to mean a cleaner process and a facility that actually suits how you trade. It does not guarantee an outcome, because the advance rate, fees and terms are set by the lender based on your book and your business.
Frequently asked questions
What is the difference between factoring and invoice discounting?
With factoring, the lender advances against your invoices and also handles credit control and collections. With invoice discounting, the lender advances against the invoices but you keep collections in-house, usually confidentially so your customers need not know. Which suits depends on your size and how you run collections.
Will my customers know I am using invoice finance?
Not necessarily. Confidential invoice discounting is designed so your customers deal with you as normal and need not know a lender is involved. With factoring, the lender handles collections, so your customers will typically be aware. We explain the options before you commit.
Do you lend the money yourselves?
No. We are a commercial finance broker, not a lender. We match your case to invoice finance lenders whose criteria fit, but the advance rate, fees, terms and decision sit with the lender and depend on your debtor book and your business.
How much of each invoice can be advanced?
It varies by lender, sector and the strength of your debtor book. Any advance rate we mention is indicative and for illustration only; the actual figure is set by the lender when they assess your ledger.
What will it cost me?
It costs nothing to start the conversation. Invoice finance facilities carry lender fees, and where a broker fee applies we set it out clearly and in writing before you commit, so there are no surprises.
Get matched with lenders for your Nottingham 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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