Debt and invoice finance

Welcome to Francis Wilks & Jones, the country’s leading firm of debt and invoice finance lawyers. We have decades of combined experience advising in matters of debt and invoice finance. Whatever your enquiry (whether as funder or borrower), please do contact us on 020 7841 0390 and we will endeavour to assist you.

1. What is invoice financing?

Invoice finance is a type of asset based lending, where the financier purchases the unpaid or outstanding invoices owed to your business for up to 90% of the value of the invoice. When your customer pays their invoice, the financer takes the amount advanced and their fee and then pays you the difference. Invoice financing means that you can receive payment for your invoices before they are due, providing your business with working capital while you wait for your customer to pay their invoice.
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2. Invoice discounting vs factoring

What is invoice discounting vs factoring? These are two SME invoice finance products commonly available to businesses. At their heart invoice discounting and invoice factoring both involve the purchase by the bank/financier of all or some of your outstanding invoices at a discounted price. The main difference is who manages the credit control and collection of the invoices, and whether your customers are notified at the outset that your business has an invoice finance facility.
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3. Invoice discounting definition

At Francis Wilks & Jones we live and breathe the invoice discounting definition. Our team covers the breadth of asset based lending, whether it be advising on invoice finance such as factoring or invoice discounting. A seemingly convenient finance product, invoice discounting and factoring can be less straight-forward than it seems. That is why we provide advice to our clients on the invoice discounting definition right from the outset.
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4. What is invoice factoring?

Invoice finance usually comprises variations of invoice discounting and invoice factoring. With invoice factoring, the finance provider, or the “factor”, purchases debts owed to your company and takes over the collection of those debts. When the debt is paid to the factor, the factor will repay the advance they made to you and take their fee. Then, any balance is paid to your business.
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5. Invoice Finance

Invoice finance is a type of finance provided to businesses primarily to help businesses in terms of cashflow. Invoice finance is extremely popular and a growing source of easy to use finance for both companies and individuals. At Francis Wilks & Jones we have decades of experience working with invoice financing and are genuine experts in the provision of legal advice relating to invoice finance.
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6. Invoice Factoring

Invoice factoring is a form of finance provided by banks or other financiers to business. It is designed to increase the cashflow of a business and enable a business to successfully trade. Invoice factoring is a subdivision of invoice finance and is a very common form of finance. Francis Wilks & Jones is one of the few genuine law firms in the country specialising in invoice finance and invoice factoring. Whatever your invoice finance or invoice factoring query, do not hesitate to contact us.
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7. SME Invoice Finance

SME invoice finance is a type of financing provided to small to medium enterprise companies (commonly known as SMEs). Invoice finance is a type of finance product where the company assigns (or effectively sells) its invoices to the financier or bank in return for quick advance payment against the value of those invoices.
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8. Advantages of factoring

There are many advantages of factoring which a business can benefit from, but it is important to understand the nature of the product and what invoice finance and factoring actually means. However, properly used, factoring and invoice finance can be hugely beneficial to the running of a company.
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9. Invoice discounting meaning

We are often asked about “invoice discounting meaning” and what the term actually means. Invoice discounting is a form of invoice finance and is different to other types of invoice finance such as factoring. To find out more about invoice discounting and what it means, click on the link below and you will be able to read about invoice discounting what it means and how it differs from other types of invoice finance.
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10. Invoice financing for small business

Invoice financing for small business is very popular. It is important that the small business using invoice finance chooses the correct product as there are a wide range of different invoice finance products on the marketplace. However, correctly used, it is an excellent tool for cashflow purposes and can boost the growth of any business.
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11. How does invoice financing work?

We are often asked “how does invoice financing work”. Simply put, invoice financing is a form of finance which works by a business assigning or “selling” its debts to the financier or bank in return for immediate advance payments against those invoices. However, there are many nuances and different products in the marketplace and our specialist leading team at Francis Wilks & Jones of invoice finance lawyers can help you through any issues that you may have. We also have excellent industry contacts and contacts with invoice finance brokers.
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12. Invoice finance definition

When considering the term invoice finance definition, it essentially covers the operation of an invoice finance agreement and the assignment of invoices from a business to a bank or financier. At Francis Wilks & Jones, we are the leading firm of lawyers with decades of combined experience in invoice finance related work. Whatever your enquiry, please contact us and one of our invoice finance experts can assist you.
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13. How does invoice discounting work?

Invoice discounting is a form of invoice finance but varies from say standard factoring related invoice finance. Invoice discounting is technically a form of confidential factoring. At Francis Wilks & Jones we have a team of experts who can advise you on invoice discounting and all types of invoice finance. If you have any enquiries please do contact us now.
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14. Invoice factoring meaning

Invoice factoring is a form of invoice finance. Factoring refers to the type of invoice finance which is disclosed to the end customer and where the administrative functions such as credit control is carried out by the financier or bank rather than the company itself. If you need to know more about invoice factoring then please contact Francis Wilks & Jones who have decades of experience dealing with invoice finance markets.
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15. Invoice financing vs factoring

We are often asked what the benefits are of invoice finance vs factoring. Much of it depends on the type of business that is looking for finance and how it is set up. There are advantages and disadvantages to both types of finance whether it be invoice discounting or factoring.
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16. What is invoice factoring and how is it used?

We are often asked “what is invoice factoring and how is it used”. It is a common question for any company thinking about what type of finance facility might be appropriate for it. It is a very good question as it is important to understand the differences between different types of invoice finance, one of which is invoice factoring. At Francis Wilks & Jones we have decades of experience acting for the factoring and invoice discounting marketplace. If you have any questions whatsoever please contact one of our experts and we can help you.
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17. How do factoring companies work?

We are often asked “how do factoring companies work”. At Francis Wilks & Jones we have huge experience in the invoice finance and factoring market having acted for many companies over the years. We therefore understand how factoring companies work and have the benefit of working with many different companies over many years.
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18. Invoice factoring vs invoice discounting

We are often asked what is the difference between invoice factoring vs invoice discounting. There is a clear difference between the two types of invoice finance product. At Francis Wilks & Jones we have many decades of experience dealing with the invoice finance market and understand the different products and nuances within those products available to businesses in the marketplace.
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