Invocap provides UK-based SMEs with an online platform from which capital can be borrowed against raised customer invoices. Their simple, transparent approach to lending has seen them assisting businesses across a wide variety of sectors including automotive, construction, healthcare, property, recruitment and much, much more. With invoice financing, you'll be given a rolling credit limit which can be used to draw capital from invoices that you've issued to your customers. Once approved, funds can be transferred to your account within as little as one hour with the full terms and repayment schedule agreed online. They can also provide secured working capital loans to help your business stay on top of its regular outgoings including premises rental, utility bills and staff wages.
Invocap offers their invoice financing services at a highly competitive flat rate of 0.5% per week, meaning that you'll know exactly how much to pay back every step of the way. Repayments are made each week by direct debit for maximum convenience and their state of the art online system will take into account assets that traditional lenders fail to recognise. Need quick access to working capital? Invocap aims to approve most applications within just 24 hours, giving your business the quick injection of funds needed to maintain a healthy cashflow.
Compare Invocap's unique product range against a wide selection of industry-specific lenders by creating your Capitalise for business profile today. In just 3 minutes, our intuitive system will be able to assess the needs of your business, matching you with finance partners who genuinely understand the unique financial challenges faced by companies within your sector.