Selective Receivables Finance
You chose which receivables to finance, and when.
Receivables Finance is a great tool to plan, manage and accelerate your cashflow.
With our Selective Receivables Finance solution, you choose which invoices to fund and when.
It’s a way to accelerate the payment of invoices you are waiting for – it’s your money, now!
No personal guarantees or additional security needed.
We approve your debtor/buyer, and credit insure their payments. So you don’t need to worry.
Why choose our Selective Receivables Finance Solution?
We make it easy for you to accelerate the payment of your outstanding receivables. Here at AP, we offer a non-recourse, streamlined process that is designed around your cashflow needs with no effect on your current procedures or security.
What we offer
- Immediate injection of cash from outstanding receivables
- Fast credit checks, simple onboarding process
- No Personal Guarantees or additional security required
- No long term contracts
- Multiple currencies covered for export receivables
- Bad debt protection giving peace of mind in case of payment default
How does it work?
APPLY
Complete a simple application form. We will have you approved within 24 hours.
Step 1
BUYER APPROVAL
We review and approve your buyers in advance.
Step 2
RECEIVABLES APPROVAL
Your customer verifies their receivables for payment using our e-invoice platform.
Step 3
GET PAID
Select receivables for advanced funding and get paid now while your customer pays later.
Step 4
SETTLEMENT
Your customer pays into a designated bank account on due date. This account is in your company’s name.
Step 5
- Are you an SME, Mid/Large Corporate, Exporter, or business with overseas subsidiaries selling a product or service (sector agnostic)?
- Is your business a limited company selling to credit insurable buyers?
- Is your company turnover $250k upwards?
- Is your client geographies – UK, Ireland, USA or Canada? (can fund overseas subsidiaries too)
- Is your buyer(s) located in an OECD country?
Are you eligible for
Receivables Finance?
How is Receivables Finance different to business loans or overdrafts?
- Receivables finance is more flexible than business loans or overdrafts – you can pick and choose what receivables to finance and pay only on what you need vs fixed amount, fixed cost and repayment structure.
- Decisions to lend against receivables can often be made much faster with funds released in 24 hours.
- Receivables Finance from Accelerated Payments is non-recourse – so no personal guarantees or additional security vs liens, long term contracts and lots of paperwork!
Do you follow up with my customer for payment?
We leave the relationship with the customer in your hands. You follow up with them to make sure that the receivables are paid on time and no additional costs accrue. However, if you need assistance from us, our Client Operations Team are on hand to help.
What is different about Accelerated Payments service?
- Funding is fast! Typically within 24 hours of receivable approval.
- Non-recourse – because we focus on your debtor/buyer, we don’t ask for personal guarantees, additional security or long term contracts.
- No debtor/buyer concentration risk – unlike other funders we’re happy to fund single large receivables – >1M (€/£/$)
- Open for export – we fund your overseas trade
- Pick and choose what receivables and when
- You retain the relationship with your customer – we don’t take over the relationship when we purchase the receivable.
- We have a highly experienced team to work with you every step of the way.
Frequently asked questions
(FAQ)
Check out some of our success stories below
$1,000,000 Selective Invoice Finance Facility to Media and Freelance Marketplace Specialist
$1,000,000 Receivables Finance Facility for Asphalt Preservation Company
£2,800,000 Selective Invoice Finance Facility to Support Prominent UK Apparel Exporter
