Invoice funding

Invoice finance releases cash currently tied up in outstanding customer invoices, which can help improve cash flow and give SMEs the flexibility to grow their business.

How does it work?

  • The SME invoices its customers for goods and/or services and sends details of the sales invoice to the invoice finance provider.
  • On receipt of the invoice, the invoice finance provider will typically release up to 90% of its value within 24 hours of it being raised, minus a small fee.
  • The customer makes payment (directly to the business or to the finance provider depending on specific product).
  • The invoice finance provider releases the remaining 10% of the invoice value.

Benefits of invoice financing:

  • Immediate access to cash tied up in trade debtors – up to 90% cash release
  • Finance that grows in line with the business’ sales growth. The sales ledger is used to secure access to funds, so as the business grows, so does the amount of funds that can be made available
  • Eligible debt includes domestic and export sales
  • Bad debt protection (option to protect the business against customer insolvency)
  • Disclosed and confidential facilities including option of full-service credit control and sales ledger management tailored to suit a business
  • Funding of up to €5m with minimum facility period of 24 months to avail of the lower SBCI rates

Our Services:

We are delighted to announce that we have recently been approved as a digital marketing agency by Enterprise Ireland. Here at Lambourn Digital we aim to help Irish SME’s develop their Digital Marketing Strategy by increasing their digital presence. We have a team of experts whose specialties cover all aspects of digital marketing from SEO, PPC, website development etc. and are devoted to helping your business succeed. For more information see- Link to https://www.lambourndigital.com/about-lambourn-digital or About us page on this website.