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Invoice Finance

How does Spot Finance work?


  • Invoice your customer once work is completed
  • Send the invoice to the funder for approval
  • Receive up to 90% of the invoice value as soon as the facility is agreed
  • The funder will help with the chasing of the invoice
  • Your customer pays the funder directly
  • You received the remaining 10% when your customer pays

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Advantages & Disadvantages

Can be a 24 hour turnaround from day of inquiry

No tie in you can simply fund one invoice

Most invoices funded will be credit insured

You can decide what invoices you want to fund

It's more expensive than factoring and discounting

It's rare for invoices to be funded confidentially

Less funding available compared to other forms of invoice finance

Help Me Choose?

If you are unsure whether a Spo 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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