^Selective Invoice Finance for Consumer Goods Brands - Apply

Spot Factoring operates as a targeted financing solution where businesses submit selected invoices for immediate funding, with approval primarily based on the debtor's creditworthiness rather than the business's financial history. With interest rates typically between 1.5% and 3% of the invoice value per month and decision times of 24-72 hours, this option proves ideal for consumer goods brands facing seasonal sales gaps or unexpected large orders. The process involves submitting specific invoices, receiving credit approval based on customer reliability, and obtaining a substantial percentage of the invoice value upfront, with the balance minus fees paid upon customer settlement. Retail brands particularly benefit from this flexible arrangement when launching new product lines that require upfront manufacturing costs before receiving customer payments.

Single Invoice Discounting provides businesses with the flexibility to finance individual invoices without committing to ongoing arrangements, making it perfect for consumer goods brands with trustworthy customer bases and minimum invoices of £1,000. With decision times of 1-2 business days and interest rates around 2% to 3.5% per month, this option helps manage unexpected expenses or bridge payment gaps while maintaining financial independence. The process involves submitting specific invoices for verification, after which lenders advance most of the invoice value upfront, with the remaining balance (minus fees) transferred once the customer pays. This approach proves particularly valuable for businesses that prefer not to enter long-term financing agreements but need occasional cash flow support during growth phases or market expansion periods.

Invoice Auction Sites represent a modern approach to selective invoice finance where businesses list specific invoices on digital platforms for competitive bidding by multiple funders. This auction-style system typically yields variable amounts between £1,000 and £200,000 per invoice with terms up to 60 days and interest rates determined through competitive bidding, usually falling between 2% and 5% per invoice. The process involves listing vouchers, initiating auctions, and selecting the best bid within 1-2 days, providing flexible access to funding at potentially more competitive rates than traditional arrangements. This model particularly suits consumer goods brands in sectors like hospitality that experience seasonal payment cycles and prefer transparent, market-driven pricing for their invoice financing needs while maintaining control over which invoices to finance and when.