Forward Finance

Forward Finance allows your business to release cash against your outstanding customer invoices before they’ve been paid. It’s not a loan, simply a way to access the cash you’re owed, allowing you to manage your cashflow more effectively. There are no set up charges, no long-term contracts and you are charged just one simple fee. 

Forward Finance is ideal for smaller businesses that have customers on long payment terms, or who often don’t pay on time. This can create a cashflow gap when it comes to paying staff and suppliers while waiting for invoices to be paid. 

Forward Finance takes just five days to set up and gives you fast access to cash once your account is up and running, helping you to improve your cashflow. There are no long-term contracts, so you can benefit from a rolling 28-day contract. Unlike a traditional overdraft or loan, this type of funding grows in line with your turnover.

You can get up to £50,000 and it can be available to you within five days of you making an application.

You can call us to have an initial confidential discussion with one of our advisors or to arrange a meeting. Once we understand your specific requirements, then we can provide an indicative offer to you. Following a new business review and consideration by our credit committee we can make a credit offer to you. If you choose to partner with us, then we’ll arrange a set up meeting and can then make payment to you.

This is not something we offer at the moment.

If your client doesn’t pay within the agreed period, also known as the recourse period, usually 90 days, funding will be removed unless protected by Bad Debt Protection cover. You have the option to protect against customer insolvency with Bad Debt Protection. 

No. Forward Finance provides an alternative form of funding for businesses where you choose to use your invoices as a way to release cash and the money you can access increases with your turnover. With a traditional business loan, you pay a fixed amount with interest over a specific period of time, which becomes a debt to your business.

The cost will depend on which product works best for you, and the services you wish to use as part of any agreement. If you would like to request a quote, simply fill in our short form and we’ll send you the information you need.