InvoiceFair / Financefair
InvoiceFair, also known as Financefair, is a fintech invoice auction marketplace where businesses can list individual invoices for competing funders to bid on. This auction model drives competitive pricing, and the low minimum thresholds make it accessible to smaller businesses. There is no requirement to assign your full debtor ledger.
InvoiceFair (also Financefair) is a fintech invoice auction marketplace where businesses list individual invoices for competing funders to bid on, with low minimums and no whole-ledger requirement.
More detail + scope
Summary
InvoiceFair, also known as Financefair, is a fintech invoice auction marketplace where businesses list individual invoices for competing funders to bid on. The auction model drives competitive pricing, typically 1 to 3% per invoice, and low minimums make it accessible to smaller businesses. There is no requirement to assign your full debtor ledger and no ongoing fees if unused.
This page covers
InvoiceFair invoice auction marketplace model, per-invoice pricing and no whole-ledger requirement
Not covered here
Whole-ledger factoring and discounting (see /providers/), general invoice finance education (see /guides/), sector pages (see /industries/)
Key Facts
When InvoiceFair / Financefair Fits
-
Micro and small businesses with £100k-£500k turnover issuing occasional high-value invoices
The auction model allows you to fund one invoice at a time without committing your entire ledger, making it far more flexible than traditional facilities that require minimum monthly volumes.
-
Startups and new trading companies with creditworthy customers but no trading history for a conventional facility
InvoiceFair underwrites the individual invoice and debtor rather than your business credit profile, so you can access funding based on customer strength even if you've been trading less than 12 months.
-
Businesses with lumpy cash flow who need funding sporadically rather than every month
No ongoing facility fees or minimum usage commitments. You only pay when you actually auction an invoice, unlike traditional invoice finance where you pay whether you draw down or not.
When to Look Elsewhere
-
Businesses invoicing £50k+ monthly with consistent volumes across 10+ debtors
Better fit: Close Brothers. A whole-turnover facility will typically offer lower unit costs once you reach sustained volume, as the lender's fixed costs are spread across your full ledger.
-
Recruitment agencies or contractors needing same-day funding against timesheets
Better fit: Sonovate. Specialist recruitment finance platforms offer integrated payroll funding and faster turnaround tailored to temporary labour sectors.
-
Businesses needing working capital beyond invoice funding, such as growth loans or asset finance
Better fit: Kriya. Kriya offers invoice finance alongside term loans and revenue-based finance, providing a broader suite of products under one relationship.
How InvoiceFair / Financefair Compares
| Provider | Type | Min facility | Fee from | Advance to | Speed |
|---|---|---|---|---|---|
| Triver | both | £25k | 1.5% | 90% | 2 days |
| Pulse Cashflow | discounting | £50k | rates vary by sector and turnover | 85% | 1-2 days |
| Skipton Business Finance | both | £100k | 0.75% | 90% | 5-7 days |
vs Triver: Triver is a direct lender with fixed-price spot discounting, whereas InvoiceFair runs an auction that can drive rates lower but introduces bidding uncertainty.
vs Pulse Cashflow: Pulse offers selective invoice discounting with a committed facility, better for regular users, while InvoiceFair suits occasional one-off invoice funding.
vs Skipton Business Finance: Skipton requires whole-turnover assignment and higher minimums but delivers lower service charges for businesses with established ledgers and volumes.
Worked Example
A Manchester IT consultancy with £250k turnover issuing project-based invoices
Setting Up With InvoiceFair / Financefair
- 1
Register and upload your invoice
Create an account on the InvoiceFair platform and upload the invoice you wish to fund, along with supporting documents such as the underlying contract or purchase order. The platform screens your debtor's creditworthiness before allowing the invoice to auction.
- 2
Auction opens to competing funders
Your invoice is listed for a fixed auction window, typically 24-48 hours. Registered funders on the marketplace bid competitively, with rates displayed in real time. You can set a reserve rate to ensure you only accept offers that meet your cost threshold.
- 3
Accept winning bid and receive funds
Once the auction closes, you review the bids and accept the most competitive offer. Funds are typically transferred to your account within 24 hours of acceptance. You repay the funder directly when your customer settles the invoice.
FAQs
Do I have to auction all my invoices or commit to a minimum volume?
No. InvoiceFair operates on a pay-as-you-go model with no whole-ledger requirement and no minimum monthly usage. You choose which invoices to fund and only pay when you accept a bid. This makes it particularly cost-effective for businesses with irregular cash flow or occasional funding needs, unlike traditional facilities that charge ongoing service fees regardless of drawdown.
How does the auction model affect the rate I pay compared to a fixed-price lender?
The auction creates competition among funders, which can drive rates below those offered by single-lender platforms. However, rates vary by debtor creditworthiness, invoice size, and payment terms. Stronger debtors and larger invoices typically attract more competitive bids. You can set a reserve rate to decline offers that exceed your acceptable cost, giving you control over pricing.
What happens if my customer disputes the invoice or pays late?
InvoiceFair's terms typically make you responsible for invoice validity and debtor performance. If your customer disputes the invoice, you may be required to repay the advance. Late payment usually incurs additional discount charges calculated daily until settlement. Check the specific funder's terms when accepting a bid, as recourse arrangements and late-payment fees can vary across the marketplace.
Can I use InvoiceFair if I'm a new business with less than 12 months trading history?
Yes, provided your invoices are issued to creditworthy business customers with verifiable payment histories. InvoiceFair underwrites the debtor and the specific invoice rather than your company's track record, making it accessible to startups and new traders. However, invoices to consumers, sole traders, or unrated businesses are generally excluded, and you'll need to demonstrate the legitimacy of the underlying contract or supply relationship.
Our Verdict
InvoiceFair's auction model is appealing because multiple funders compete for your invoices, potentially delivering better rates than a single-provider arrangement. The flexibility to fund individual invoices without long-term contracts suits businesses with variable cash flow needs. The trade-off is that funding speed and availability depend on funder appetite at the time you list.
Director, Market Invoice
Oliver leads Market Invoice's editorial and comparison research. With a background in UK commercial finance, he oversees provider analysis, rate verification, and industry reporting across all verticals.
Last reviewed: 8 April 2026