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Improve your cashflow

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Stop late payments and improve your cashflow

Are you looking to improve the cashflow of your business? Is your business growing fast but your clients aren't paying on time leaving you with a big overdraft? Improving your cashflow with factoring or invoice discounting will improve your cashflow in an inexpensive and short period.

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An invoice

Factoring and invoice discounting explained

Factoring and Invoice discounting are types of lending where the money you are advanced is borrowed against the value of your invoices. You just send a copy of an unpaid invoice to the factoring company. Up to 90% of invoice value will be paid in 24 hours.


With factoring the factoring company will collect the outstanding amount of the invoice. You outsource your invoice completely and you won't have to worry about holding enough money in the bank to pay your staff and overheads.

Invoice discounting

This financial product is almost the same as factoring except you retain control over your debt collection and credit control. Invoice discounting is suitable for larger companies with an established credit control function. It allows you to raise money from invoices fast without showing the invoice discounting company to your clients.

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Setting up a factoring service facility through Simply Business

  • Complete our simple form to receive a call-back from one of our experienced factoring specialists to discuss your requirements
  • You will then be referred to one of the Aldermore industry specialists who can either provide you with a email quotation or a face to face appointment
  • If you are happy with the quotation, Aldermore will then discuss with you the next steps to putting a bespoke facility in place for your business

Illustration of a coin and an envelope

Why invoice discounting?

  • Immediate cash injection, with up to 85% of your invoice values paid
  • An ongoing source of cashflow funding, that grows with your business
  • Your customers need never know the difference, with your service staying exactly the same

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An invoice

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It is a very good and easy to use service. I've been a customer for several years and the renewal system is very straight forward. I've always found the quotes competitive too. I'd definitely recommend Simply Business.

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© Copyright 2024 Simply Business. All Rights Reserved. Simply Business is a trading name of Xbridge Limited which is authorised and regulated by the Financial Conduct Authority (Financial Services Registration No: 313348). Xbridge Limited (No: 3967717) has its registered office at 6th Floor, 99 Gresham Street, London, EC2V 7NG.