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Invoice Finance

How does CHOCCS work?


  • Invoice your customer
  • Send a copy of the invoice you wish to fund
  • Receive up to 90% of the invoice value as soon as the facility is agreed
  • The factor will chase your invoices on your behalf
  • Your customer will pay the funder directly
  • Your customer pays the funder directly
  • You received the remaining 10% when your customer settles the invoice

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Advantages & Disadvantages

Very quick set up process

You can choose which invoices you fund

The funder chases your invoices

Most facilities include bad debt protection

Flexible contract

More expensive than other forms of invoice finance

Uncommon for these facilities to be confidential

Less funding available compared to other forms of invoice finance

Help Me Choose?

If you are unsure whether a Selective Invoice Finance facility is best for your business or a full turnover facility such as factoring or invoice discounting, let us help you decide. We can look to gather quotes for both types of facility and talk you through the pros and cons of each leaving you with an informed decision to make. We do not charge you for our support we simply receive a commission from the funder upon a successful introduction. If you are unsure why not try our Help Me Choose Tool and find the right product immediately!

Why not try our “help me choose tool” to allow us to support you in making the right decision for your business in 4 easy steps?


Help Me Choose

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