Turn unpaid invoices into working capital.
Compare invoice finance and recruitment funding options from multiple lenders, see indicative funding and pricing instantly, and progress with your chosen lender through one platform.
No obligation. Your customers won’t be contacted as part of the comparison process.
Trusted by leading UK invoice finance lenders
Funding options
Compare invoice finance and recruitment funding options offered by participating lenders.
Factoring
Access funding against unpaid invoices, with the lender managing your credit control and collecting payments from your customers.
Invoice Discounting
Access funding against unpaid invoices, with your business continuing to manage credit control as normal.
Recruitment Pay & Bill
Funding for temporary recruitment businesses, with the provider raising invoices to your clients and paying your temporary workers.
Available products and terms depend on your business, sector, turnover, debtor ledger and lender criteria.
Partner with Factor Now
Accountants, introducers & brokers
Refer your clients to smarter invoice finance and earn commission - with as much or as little involvement as you like. Register your interest and our team will be in touch to get you set up.
More sales shouldn’t mean less cash.
Growth can put unexpected pressure on cashflow. You deliver the work, raise the invoice and then wait 30, 60 or 90 days to get paid.
In the meantime, wages, suppliers and other costs still need to be met.
One enquiry. Multiple lenders. One platform.
Factor Now compares your business and debtor ledger against participating lender criteria, giving you one place to review your options and progress with the lender you choose.
Not a traditional loan.
Invoice finance releases funding against invoices you’ve already raised.
Loan
A loan provides a fixed amount of cash which is repaid over time.
Invoice finance
Funding is linked to your sales ledger and can increase as you raise more invoices.
Used by businesses at every scale
From start-ups and growing SMEs to major established businesses, invoice finance is used by businesses at every stage of growth.
£350m
Equipment hire group
£115m
Drainage & waste management
£27m
Healthcare recruitment
£5m
Commercial vehicle maintenance
£1m
Logistics business
£300k
Specialist recruitment
Facilities available from £25,001
How Factor Now works
Factor Now brings the funding journey into one place. Compare participating lenders, see indicative funding and pricing instantly, then progress your chosen application through to formal offer.
Tell us about your business
Provide some basic information about your business and how you trade. We'll automatically verify available Companies House information.
Upload your aged debtor report
This gives Factor Now a clear picture of your outstanding invoices, customer base and debtor ledger.
See matching lenders instantly
We compare your business and debtor ledger against participating lender criteria and show you suitable matches straight away.
Compare indicative funding and pricing instantly
See what participating lenders could offer, there and then with no waiting for quotes or callbacks.
Progress your application
Choose the lender you want to progress with and continue the application process on Factor Now through to formal offer.
Once your facility is in place, funding against eligible invoices can be released the same day.
Why we ask for your aged debtor report
Because the amount you’re owed is only part of the picture.
Your aged debtor report gives us a clear view of the invoices currently owed to your business. It helps us understand:
- who your customers are
- how much each customer owes you
- how long invoices have been outstanding
- how concentrated your ledger is
- how much of your ledger could be fundable
We use this information to identify participating lenders whose criteria match your business and to calculate indicative funding and pricing.
What’s an aged debtor report?
A list of unpaid invoices owed to your business, showing who owes you, how much and how long those amounts have been outstanding.
| Contact | Current | 1–30 | 31–60 | 61–90 | 91+ | Total |
|---|---|---|---|---|---|---|
| Northgate Engineering Ltd | £26,064 | £44,460 | £22,097 | £6,093 | £1,693 | £100,407 |
| Brightway Supplies Ltd | £20,800 | £32,636 | £17,329 | £5,643 | £1,171 | £77,579 |
| Meadowbrook Foods Ltd | £31,129 | £48,107 | £24,643 | £9,771 | £3,729 | £117,379 |
| Delta Print & Pack Ltd | £18,114 | £28,800 | £15,893 | £5,400 | £1,786 | £69,993 |
| Harbour Textiles Ltd | £15,479 | £24,264 | £13,214 | £4,493 | £1,386 | £58,836 |
| Total | £111,586 | £178,267 | £93,176 | £31,400 | £9,765 | £424,194 |
You stay in control
Your information is protected
Your information is stored and used to assess and progress your funding enquiry.
You're not committing to a lender
Comparing your options doesn't commit you to proceed. You stay in control of whether to proceed and which lender you choose.
Formal underwriting comes later
Once you choose a lender, they will normally request additional information and carry out their standard KYC, credit and underwriting checks.
