Initial conversation
A short, informal discussion about your business and what prompted the enquiry.
Working Capital
Without the Wait
Haslam Consult helps UK businesses understand, compare and arrange invoice finance, factoring and invoice discounting.
Why Haslam Consult?
We work for you, not for a particular lender. Our job is to find a facility that fits, not to fit you to a facility.
- Days to be paid30–90Thirty, sixty or ninety-day terms are normal in business-to-business sales, and larger customers often pay later than that. Wages, suppliers and rent do not wait.
- Facility types3Factoring, invoice discounting and selective invoice finance. We translate the terminology into what each one means for your business.
- Obligation0No obligation at any stage. If invoice finance does not look like the right answer, we will tell you plainly.
Who We HelpB2B
- Recruitment & Staffing
- Manufacturing
- Transport & Logistics
- Wholesale & Distribution
- Engineering & Fabrication
- Business & Professional Services
- Security & Facilities
- Printing & Packaging
- Construction-related Services
Invoice Finance
Invoice Finance
Invoice finance lets eligible businesses draw on the value of unpaid customer invoices instead of waiting for payment terms to run their course. It comes in several forms. We help you understand which, if any, fits your business.
Invoice Factoring
Invoice Factoring
Factoring combines an advance against your unpaid invoices with a collections service run by the provider. For businesses that would rather not manage credit control in-house, it can free up both cash and time.
Invoice Discounting
Invoice Discounting
Invoice discounting releases working capital against your unpaid invoices while you carry on collecting payments yourself. Where a provider agrees, the facility can be confidential, so your customers see no change.
Selective Invoice Finance
Selective Invoice Finance
Sometimes you do not need a whole-ledger facility. Selective invoice finance, sometimes called spot factoring or single invoice finance, lets you fund particular invoices or customers when it makes commercial sense.
Reviewing an Existing Facility
Reviewing an Existing Facility
Your current invoice finance arrangement may have been right once, but fees, service or structure may no longer suit the business. We can help assess whether it still represents a good fit, what alternatives may exist, and how to handle a switch cleanly if one is warranted.
Understanding the requirement
Turnover, debtor book, funding need and any existing arrangements, in more detail.
Identifying suitable facility types
Factoring, discounting, selective, with or without bad debt protection.
Reviewing providers and options
Approaching providers whose appetite matches your profile and comparing what comes back.
Application and due diligence
The chosen provider completes its checks. We help you prepare and stay involved.
Facility completion
Agreements signed, accounts set up and the first funds drawn.
Ongoing relationship
We remain a point of contact as the business and the facility evolve.
Why Use a Broker
We start with the business, not the product
Understanding how you invoice, who you sell to and where the pressure sits comes before any discussion of facilities.
We explain the structures
Factoring, discounting, selective, recourse, non-recourse, confidential, disclosed. We translate the terminology into what it means for you.
We compare relevant options
Provider appetite, sector experience and pricing all vary. We help you see the options side by side rather than one at a time.
We explain costs and terms clearly
Service fees, discount charges, minimums, notice periods and guarantees. You should know what you are signing before you sign it.
We support the application
Providers need information presented properly. We help you prepare and stay involved until the facility is live.
We review existing facilities
If you already have invoice finance, we can help assess whether it still represents a good fit and what alternatives may exist.
Is It Right for Your Business?
Invoice finance suits some businesses far better than others. Honest indicators, either way.
Likely to be a good fit
You sell to other businesses on credit terms and the work is done before you invoice. If most of these apply, invoice finance is worth a proper look.
- You sell to other businesses or public sector bodies on credit terms
- Invoices are raised once goods are delivered or work is complete
- Your customers are established and generally pay, even if slowly
- Your sales ledger is reasonably well kept and reconciled
- Cash flow, rather than profitability, is the constraint on the business
- You expect to keep invoicing at a similar or growing level
Less likely to fit
Invoice finance is not the answer to everything. If several of these describe your business, we will say so early rather than waste your time.
- Most of your sales are to consumers rather than businesses
- You invoice in advance, or in stages before work is complete
- A single customer represents nearly all of your turnover and is financially weak
- Invoices are frequently disputed or subject to retentions and contra-charges
- The need is really for long-term capital rather than working capital
- Invoice raised. Cash later.What is invoice finance? A plain-English explanationHow invoice finance works, the main variants, and the questions to ask before deciding whether it suits your business.1 Sept 20265 min read
- ONE LEDGER.
TWO ROUTES.Factoring or invoice discounting: how to chooseThe two main forms of invoice finance look similar on paper but suit different businesses. Here is how to tell which fits yours.1 Sept 20264 min read - THE COST IS NOT ONE NUMBERWhat does invoice finance cost? Understanding the chargesService fees, discount charges, minimums and extras: what they are, why they vary, and how to compare quotes properly.1 Sept 20265 min read