Invoice Finance Pricing
It's important to you - and us - that pricing for your facility is transparent and as clear as possible. Obviously, there
will always be variables: interests rates fluctuate, for example, and different businesses will have (slightly) different
pricing structures. That said, we think that the pricing detailed below will give you a broad idea of what you'll be paying.
If you would like to receive a tailored pricing estimate based on the specifics of your business, please contact us.
| Fee |
Explanation |
Invoice Discounting |
Factoring |
| Arrangement fees |
Covers "due diligence" on all new clients. |
Typically 1% of the facility |
Typically 1% of the facility |
| Service charge |
Covers the ongoing servicing of your facility and will vary according to the value and volume of invoices you put through the facility. Charges for our credit control and bad debt protection services are also included here. |
Typically 0.5% to 1.5% of assigned turnover. |
Typically 0.5% to 3% of assigned turnover. |
| Discount charge |
A percentage charge, calculated daily on the money drawn down from your facility. |
Base rate or LIBOR + 1.5% to 4%. |
Base rate + 1.5% to 4%. |
| Annual review fee |
The fee charged for continuation of the facility. Charged in month 13. |
Typically up to 1% of approved Prepayment Review Level. |
Typically up to 1% of approved Prepayment Review Level. |
| Legal costs of registering a charge |
Administrative costs relating to the preparation and registration of the legal charge at Companies House. |
£385 + VAT |
£385 + VAT |
Security may be required. Product fees may apply.