Revolution Finance Brokers Ltd is a company registered in England and Wales with company number 11715815. You can check this by visiting the FCA's website The FCA does not regulate most Buy to Let mortgages and some of the products we offer. Revolution Brokers, Revolution Finance Brokers & Revolution Mortgages are trading styles of Revolution Finance Brokers Ltd which is authorised and regulated by the Financial Conduct Authority FCA No. This also applies to any remortgage or home loan secured against your property, including equity release products. Your home can be at risk of repossession if you do not keep up with the repayments or encounter any other difficulties in managing your mortgage borrowing responsibly. Please remember that a mortgage is a debt which is secured against your home or property. The Revolution team can provide further information about regulated and unregulated lending as required. Should you require specific mortgage borrowing types, some products such as buy to let mortgages may not be FCA regulated. We collaborate with lenders and providers who are regulated, authorised and registered with the Financial Conduct Authority (FCA). All Revolution team members are fully qualified, trained and experienced to provide mortgage advice of an independent nature. The content we share is designed to be informative and helpful but cannot be relied upon to provide individual advice relevant to your mortgage requirements.
The information included on the Revolution Brokers site is not bespoke to any circumstances or individual application scenarios and therefore is not intended to be used as financial advice. Note that policies and criteria can change regularly throughout the UK mortgage lending market, and it remains essential to contact the consultation team to receive up to date guidance. The content included in our articles, blogs, web pages and news publications is based on information accurate at the time of writing. Mortgage Brokers has access to a number of lenders and can advise on the right type of invoice finance for you and take you through the whole process. As with invoice discounting, this type of finance is designed for larger companies with reliable customers and a healthy turnover. As the invoice is selective, you can usually access more of the invoice and then pay a fee. Gives the company more flexibility, as you can choose which invoices you need to access finance from. This type of service is suitable for small business or start-ups. It's not confidential in that your customers will be aware that you're using a factoring provider and they can also credit check your customers. In this case the lender provides a credit control, and unlike invoice discounting, you do not have to go through the rigmarole of chasing up unpaid invoices. Invoice factoringĭiffers from invoice discounting. This type of financing is usually accessible for established companies with a high turnover. The lender will advance you a percentage of the invoice, and pay you the remaining cash once the customer pays up, minus the lender's fee. As it's confidential, it means you continue to chase invoices and make sure your customers pay on time. Is pretty straightforward: you sell the unpaid invoice to the lender and carry on as normal, without telling your client or customer that you are using a finance provider. In this brief guide, we’ll try to give you an insight of what invoice finance is and, how it might be beneficial to your business.ĭifferent types of invoice finance 1. It is a useful form of alternative finance that is often deemed more flexible than other types of funding. There are different types of invoice finance, depending on your business needs. Invoice finance can be especially useful if you are waiting for large cash amounts to clear, and depending on your business and the amount of invoices owed, this could amount to a lot. This allows you to continue with the day-to-day running of your business without waiting potentially months for your funds to clear. Invoice financing allows you to borrow cash immediately that would otherwise take a long time to access. Many businesses run into cash flow problems while waiting for invoices to be paid, and there are simple funding options to speed up the process and reduce waiting times, which can be up to 90 days. Author: Almas Uddin - Founder and Mortgage Advisor
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