Invoice discounting, or invoice finance is a short-term finance solution for releasing cash locked in invoices, thereby simulating cashflow. Tandem Invoice Finance is distinctive in offering an invoice discounting facility for selective or single invoices for a single fee without any ongoing commitment to continue using our services. Selective invoice discounting is currently unique in the industry and offers a solution which all companies, from start-ups to multinationals, can tailor to suit their own business finance needs.

What is selective invoice finance

Selective invoice finance, also known as spot factoring or selective invoice discounting, is an innovative cash flow business finance product which enables businesses to access working capital from debtor invoices on an invoice-by-invoice basis without entering into a long-term contract. Because it offers businesses quick and straightforward access to funding on a short-term basis and has flexible terms, selective invoice finance is different from traditional factoring. These reasons are behind the emergence of this product as a leading form of alternative funding for micro, small and medium-sized enterprises.

Selective invoice finance, also known as spot factoring or selective invoice discounting, is aninnovative cash flow business finance product which enables businesses to access working capitalfrom debtor invoices on an invoice-by-invoice basis without entering into a long-term contract. Because it offers businesses quick and straightforward access to funding on a short-term basis andhas flexible terms, selective invoice finance is different from traditional factoring. These reasonsare behind the emergence of this product as a leading form of alternative funding for micro, smalland medium-sized enterprises.

What is selective invoice finance

• Flexibility
  • Selective invoice finance enables businesses to release funds from single invoices. The facility can be used time and time again whenever the need arises to raise working capital.
• No long-term commitment
  • There’s no need to lock-in the whole sales ledger to an annual agreement. Once an
  • invoice is settled, there are no further obligations from the client to the funder, but
  • the facility remains available on an invoice-by-invoice basis.
• Transparent charging
  • Isn’t it better to understand the cost of finance up-front? There is a single fixed charge for each invoice, levied on the amount advanced. This encourages businesses to draw only the funds required, as they only pay for funds in use and no more. This type of invoice finance does not attract any monthly minimum payments or enduring charges.
• Quick access to capital
  • Selective invoice finance is a simple process that allows businesses immediate access to funds when they’re needed most.
• Credit management and customer relationships
  • Selective invoice finance recognises the importance of the relationship between a
  • client and their customers by enabling a client to use their own credit management processes. Where in-house credit management procedures are not robust, the funder can supply supplementary services.
• Customer service
  • Selective invoice finance is a business finance product with a strong focus on customer service. It is built around clients returning to use the facility, a business model that can only succeed if value for money is continually proven.

What next?

• Call us now for a quotation on 0845 6188 515
• View our Disclosed Financial Process Flow Chart
• Contact us for more information about our invoice discounting services
• Find out more about our confidential invoice discounting