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Invoice finance made easy

Invoice Finance

With our flexible Invoice Finance, you don't have to wait for your customer to pay that invoice. By advancing you part of the money within 24 hours we can free up your cash flow and help your business grow.

Give your cash flow a helping hand

Don’t wait until your customer pays that invoice – we’ll advance you part of the money within 24 hours.

Clear and fair pricing

You’ll just be charged for what you are borrowing and an agreed service fee. You can also leave at any time with just 28 days notice and no penalty.

Your account

If you're an existing Invoice Finance customer you can log in to your account here.

What you need to know

We’re up front with our customers about everything. We’ve created this handy summary of our Invoice Financing key features so you can see the important information from the get-go.

Prepayment %Payment timeFeesContract periodClearing days

Up to 85% of your invoice

24 hours


28 days' notice

No interest charged while your money clears

What is invoice financing?

Cash flow doesn’t always run smoothly. Sometimes customers are slow to pay. You’ve got a lot of invoices out, but not a lot of money has come in yet.

Invoice financing solves that problem. When you send out an invoice, we pay you part of the money within 24 hours. We pay the rest when the customer pays the debt, less any discount fees.

It gives you extra flexibility, making sure your cash flow doesn’t limit your business growth. It can save you money too – for example, if you get discounts by paying your suppliers early.

How does invoice financing work?

  • You supply goods or services to your customer and raise an invoice.
  • You upload the invoice electronically onto your ledger with Metro Bank Invoice Finance – that’s us.
  • We advance you an agreed percentage of the invoice (the prepayment rate).
  • Either we chase payment from your customers, or you do – read on for more about the options.
  • Once the customer pays the invoice, the money gets banked with us and allocated against the ledger.
  • We pay the balance of the invoice to you, less fees.

Want to know how Invoice Finance could improve your cashflow? Contact us.

The 2 options for invoice financing

We offer 2 types of invoice financing – it depends on how much of the credit control process you want to handle yourself.

You do the chasing. 100% confidential, and great for established businesses with credit control systems in place.

  • You invoice, chase and collect payment from customers using your usual processes.
  • You allocate the money against the sales ledger and bank the cash via a trust account.

We do the chasing. Great for new businesses, we’ll do the hard work of making sure your invoices get paid.

  • We send customised statements and letters to your customers.
  • We save you time by chasing payment on your behalf.
  • We collect and allocate customers' payments to your account.

Requirements for invoice financing

We can fund anyone from a start-up to a PLC – we don’t need your first year’s accounts.

  • Your invoices must be for business-to-business sales.
  • It requires clean non-contractual debts.

A non-contractual debt is a debt that doesn’t have any clauses in the contract that mean the customer could claim back the money or not pay at all – for example, in the construction industry where someone is not happy with the completed work and doesn’t pay the full bill.

How much does it cost?

There are 2 types of fees. 

  • You pay interest on the money we advance you. It’s charged in a similar way to an overdraft. This is called a discount fee.
  • You also pay a service fee. This will depend on the type of service you choose.

For more information on fees, download the PDF below or speak to your Relationship Manager.

Get all the details to read at your leisure

Download our PDF to read when you like - it contains all the ins and outs of our Invoice Financing offering.

Invoice Financing Details (PDF)(818KB)

Terms and Conditions for Metro Bank SME Customers (PDF)(143KB)

Talk to us about Invoice Finance

Contact us online

Give us a call

Contact our dedicated Invoice Finance Teams

OfficeTelephone numberFaxAddress
Guildford 01483 531100 01483 565488

35-37 North Street, Guildford, Surrey, GU1 4TE

Basildon 01277 237177 01277 204056

2/6 East Walk, Eastgate Centre, Basildon, Essex, SS14 1HH

Sheffield 0114 256 0033 0114 244 5472

Hallamshire House, Meadowcourt, 5 Hayland Street, Sheffield, S9 1BY

Alternatively, please contact Martyn Price, Regional Director, London and South

Email Martyn

or James Scarborough, Regional Director, Midlands and North

Email James


Got a question about banking at the Invoice Finance? Find your answers here.

  • How long does it take to put invoice financing in place?

    It can take as little as 2 weeks to set up, but on average it works out at around 3-6 weeks. Your Relationship Manager will help advise you on likely timescales.

  • What happens if an invoice is not paid?

    If an invoice is not paid within the agreed period (typically 90-120 days) then you would repay us directly. Alternatively, you can apply Bad Debt Protection which provides protection against insolvency and protracted default.

  • Is the service charge paid on a weekly/monthly/annual basis, or for each invoice received?

    The service charge is applied to all of your invoices that are uploaded.

  • What do I need to apply for invoice finance?

    Nothing, just contact us and we'll talk you through everything!

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