Invoice finance quote: 3 free UK quotes
eCapital, our introduction partner, handles your enquiry and comes back to you with quotes. Free, no obligation, and no cost if you decide not to proceed.
Before you enquire
The questions most people ask at this point, answered before you fill anything in.
Will my customers know?
Only if the facility is disclosed. Confidential invoice discounting exists precisely so they are not told, and you keep running your own credit control. Which one suits depends on your size and ledger quality.
Confidential vs disclosedWill I have to give a personal guarantee?
Often, though not always, and it is usually capped rather than unlimited. Invoice finance is secured on the ledger, so guarantees here tend to be narrower than on unsecured lending, and the wording varies more between funders than the headline rate does.
How security worksHow quickly can it be in place?
A new facility is usually a matter of weeks rather than days, and the security paperwork sets the pace more than the credit decision does. Switching from an existing funder takes longer, because the outgoing lender has to release or rank its security.
What sets the timetableWhat does it actually cost?
Two charges, not one: a service fee on turnover and a discount charge on the funds drawn, plus arrangement and sometimes exit fees. Comparing headline rates alone is how businesses end up on the wrong facility, because the total annual cost is what differs.
Full cost breakdownIs my ledger even eligible?
The usual blockers are concentration in one customer, a history of credit notes, and billing that is staged, retained or applied for rather than invoiced on delivery. None is automatically fatal, but each reduces what a funder will advance.
Check your concentrationI already have a facility. Does that stop me?
No, but it changes the route. Either the incumbent releases its security so a new funder can take over, or the two rank alongside each other. If your current lender is exiting or has withdrawn the facility, the timetable is set by their notice period.
Existing or withdrawn facilityGeneral information about how the market normally works, not advice, an offer or a quote. Market Invoice is a comparison and introducer service, not a lender.
Get 3 Free Invoice Finance Quotes
Free, no obligation. Tell us about your business and eCapital, our introduction partner, handles your enquiry and comes back to you with quotes.
Step 1 of 3 · Your business
Free to you: our introduction partner pays us a fixed fee for each introduction, whether or not you go ahead. See our privacy policy.
How we make money: Market Invoice is an independent comparison service, not a lender. Our introduction partner pays us a fixed fee for each business we introduce, whether or not you go ahead; you never pay us and it is never added to your costs. How we are funded.
To get an invoice finance quote, submit your turnover, industry and funding need through the form on this page. Market Invoice passes it to eCapital, our introduction partner, which handles your enquiry and comes back to you with quotes. Quotes are free and non-binding. Compare more than one quote before picking a provider. More detail + scope
This page covers
How to request a quote, what information is required, timeline to indicative terms, how to compare offers, what to ask for in writing
Not covered here
Full application process (see /guides/how-to-apply/), cost calculator (see /calculator/), provider reviews (see /providers/)
What a Good Invoice Finance Quote Looks Like
A usable quote is specific. Vague ranges ("from 0.5%") are a starting point, not an offer. Insist on the following in writing before you treat a quote as real:
- Service charge
- Expressed as a percentage of turnover funded, with the minimum monthly charge attached.
- Discount / interest margin
- Quoted as Bank of England base rate plus a fixed margin, typically +2% to +5%.
- Advance rate
- Against the ledger, with any debtor-specific sub-limits called out.
- Arrangement fee
- The indicative facility limit it is based on.
- Contract length
- Notice period, and the early termination fee schedule.
- Audit and CHAPS fees
- Plus any other variable charges that will appear on invoices.
How to Compare Three Quotes Like for Like
The trap is comparing headline service charge only. Calculate total annual cost by adding service charge, discount margin on your expected drawn balance, arrangement fee amortised over the contract, and any minimum monthly charges. Total annual cost divided by turnover gives a single comparable percentage across providers. A 0.5% headline service charge with high minimum charges often costs more than a 0.75% headline with no minimums.
For worked examples and scenario ranges, see the invoice finance cost calculator. For the full application process once you pick a provider, see how to apply for invoice finance.
Invoice Finance Quote FAQ
How do I get an invoice finance quote?
Complete the form on this page with your turnover, industry and the type of facility you want. Market Invoice passes your enquiry to eCapital, our introduction partner, which handles it and comes back to you with quotes. Comparing more than one quote gives you leverage on price.
Is there a cost to get an invoice finance quote?
No. Quotes are free and non-binding. Providers do not charge for issuing indicative terms and there is no credit check penalty for shopping around. Only a full credit search is carried out once you accept terms and sign a facility agreement.
How long does an invoice finance quote take?
It depends on the provider and on how quickly you can supply information. After you submit the form, eCapital, our introduction partner, contacts you about your enquiry and comes back to you with quotes. Full underwritten offers follow within 3 to 10 working days for independent providers and 2 to 4 weeks for banks. A quote is not an offer until it is in writing, priced, and signed.
What information do I need to provide for a quote?
Providers need your annual turnover, industry, the number and type of customers you invoice, your average invoice value and payment terms, and your reason for needing finance. For indicative quotes that is enough. For a full offer you will also submit bank statements, management accounts, aged debtor reports, sample invoices, and director ID.
Can I compare invoice finance quotes side by side?
Yes. The best comparison looks at five numbers: service charge as a percentage of turnover, discount (interest) margin above Bank of England base rate, advance rate, minimum monthly charge, and contract length with exit fee. Get these in writing from every provider so you are comparing like for like, not headline rate against total cost.
Do invoice finance quotes affect my credit rating?
Indicative quotes do not affect your credit rating. Providers run soft searches during the indicative stage and only carry out a full credit search at the point you accept terms. You can request quotes from three or more providers with no credit file impact.