Estimate Your Invoice Finance Costs
Curious about your borrowing power? Use our free invoice finance calculator to estimate your advance, fees, and total cost of funding.
How to use the calculator
Adjust the sliders to set your invoice amount, the percentage you want to borrow, and how many days you need the funding. The calculator updates automatically.
Invoice Finance Calculator
Amount Advanced
£50,000
50% of £100,000
Turnover of Facility (inc. VAT)
£100,000
Total amount paid over the loan term.
This calculator provides an estimate for illustration only, based on a service fee of 0.5% of turnover and a discount rate of 10% APR. Actual costs vary depending on the lender, your business circumstances, and facility terms. Always check the full cost of borrowing before proceeding.
Trusted Lenders
We work with the UK's biggest funders to find you the best invoice finance for your business.
Invoice Finance Calculator FAQs
What is invoice finance and how can it benefit my business?
Invoice finance is a way for businesses to borrow money based on amounts due from customers. Instead of waiting weeks for a customer to pay their bill, a lender 'buys' the invoice and advances you most of the cash immediately. Benefits include improved cash flow, scalability that grows with your sales, and often no requirement for property security.
What types of invoice finance are available?
There are two primary types. Factoring: the lender manages your sales ledger and handles debt collection directly with your customers - a full-service option that is visible to your clients. Invoice Discounting: typically confidential, you maintain control over your own credit control and collections, and your customers never need to know a third party is involved.
How can I estimate my monthly repayments before applying?
Invoice finance fees are usually performance-based rather than a flat interest rate. A service fee (typically 0.2% to 5% of gross turnover) covers facility administration, and a discount fee (similar to an interest rate, usually 1% to 4% above base rate) is charged on the cash you actually draw down. Multiply your monthly invoice volume by the service fee percentage, then add the discount fee on the advance amount.
How quickly can I access funds once an invoice is raised?
Initial setup takes 5-10 working days. Once set up, most providers advance 80% to 95% of an invoice's value within 24 hours of you uploading it. The remaining balance, minus fees, is paid to you once the customer settles the bill.
Will my customers know I am using an invoice finance facility?
It depends on the product. With disclosed factoring, your customers will see the lender's details on your invoices and will be contacted by the lender for payment. With confidential invoice discounting, you continue to chase payments under your own brand name, and the lender remains behind the curtain.
Jamie Grimshaw
Commercial Finance Director
Commercial Finance Director since 2013
£250 million+ in funding secured
Accredited & recognised by
Important information
This guide is for general information only and does not constitute financial advice. It's a good idea to seek independent professional advice before entering into any finance agreement.
Compare Your Funding is a trading style of TGL Solutions Limited. TGL Solutions Limited is not authorised by the Financial Conduct Authority and can only complete non-regulated introductions. We may receive a commission when we introduce you to a funder - see our how we make money page.
More business resources
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