^Selective Invoice Finance for Logistics and Courier Companies

Spot factoring offers logistics companies between £10,000 and £500,000 based on invoice value, with interest rates ranging from 1% to 4% of the invoice value per month. This single-transaction solution lasts until the invoice is paid, usually within 30 to 90 days, and is particularly useful for covering operational expenses like fuel or salaries or investing in new vehicles. The process involves submitting selected invoices, undergoing credit checks on customers, and receiving funds based on invoice value. This approach proves valuable for managing sudden heavy demand in retail logistics or providing urgent delivery services in the hospitality sector, where immediate cash flow is essential for maintaining service quality.

Single invoice discounting allows established SMEs in the logistics sector to access roughly 70% to 90% of invoice face value, with interest rates typically ranging from 1% to 2.5% per month. This solution lasts until invoice settlement, commonly within 60 days, and requires businesses to have a trading history of over a year along with late-payment insurance. The process involves applying for discounting with select invoices, undergoing provider checks, and receiving advances within hours of approval. This financing method helps manage cash flow when expanding service contracts or taking on large one-off deliveries, proving particularly valuable for manufacturing logistics where timely product delivery depends on consistent cash flow management.

Selective invoice factoring provides SMEs with solid credit profiles access to funds ranging from £5,000 to £500,000, with interest rates from 1.5% to 3% monthly. The lending terms are linked to the invoice payment period, generally around 30 to 60 days, and decisions are typically reached within 48 hours of application. This approach involves selecting specific invoices for factoring, submitting them for provider evaluation, and receiving quick fund release post-approval. It's particularly effective for bridging cash flow gaps during peak times or when awaiting large customer payments, making it common in tech logistics where fast service payment is critical for maintaining operational efficiency and competitive service delivery.