Invoice Finance
Turn eligible outstanding invoices into a potential source of business funding and manage cash flow more effectively.
Access funding while invoices remain unpaid
Businesses often deliver goods or services before receiving payment from their customers. Longer payment cycles can create pressure on working capital, even when a business has completed the work and issued valid invoices.
Invoice finance is a potential funding solution that allows eligible businesses to seek financing against qualifying outstanding invoices or receivables. WiseChoice Financials reviews enquiries based on invoice details, customer payment obligations and the business's overall circumstances.
Start Your ApplicationInvoice finance at a glance
- Financing enquiries based on eligible unpaid invoices
- Potential support for business working capital
- Assessment of invoice and customer payment details
- Funding subject to verification and approval
- Applicable costs and repayment obligations explained before commitment
Manage the gap between invoicing and payment
Invoice financing may help businesses manage expenses and operational requirements while waiting for customers to pay.
Cover Operating Expenses
Consider funding for eligible business expenses such as supplies, utilities, payroll and other operational costs.
Purchase Inventory
Maintain inventory levels and prepare for customer orders while outstanding invoices are being settled.
Manage Supplier Payments
Explore funding that may help meet supplier obligations and manage payment schedules.
Support New Contracts
Consider working capital support when taking on additional orders or larger customer contracts.
Different approaches to receivables funding
Invoice Factoring
A financing arrangement in which eligible invoices may be assigned or sold to a finance provider. Customer payment handling and notification requirements depend on the agreement.
Invoice Discounting
A business may obtain financing against eligible receivables while retaining responsibility for collecting payments from its customers, where the agreed structure permits.
Receivables-Based Funding
Financing may be assessed using qualifying accounts receivable and related business information.
The availability of any particular invoice financing structure depends on the applicant, jurisdiction, receivables and agreed financing arrangements.
Who may qualify?
Invoice finance is intended for registered businesses that issue invoices for genuine goods or services supplied to customers.
- Registered business or eligible commercial entity
- Valid outstanding invoices for completed work or supplied goods
- Identifiable customers responsible for payment
- Clear records of invoice amounts and payment terms
- Ability to provide supporting business and invoice documentation
What may be reviewed?
- Invoice amounts and issue dates
- Customer identity and payment history
- Whether invoices are disputed or overdue
- Underlying contracts or purchase orders
- Business financial and operational information
Invoices that are disputed, already assigned, subject to restrictions or otherwise unsuitable may not qualify.
How to get started
Submit an Enquiry
Provide your business details, intended financing amount and a brief explanation of your invoice financing needs.
Initial Review
Our team reviews your enquiry and determines whether further assessment may be appropriate.
Invoice Verification
Additional invoices, contracts, customer details and supporting records may be requested.
Review the Terms
If suitable, you receive the proposed financing terms, fees, obligations and applicable conditions.
Understand the financing arrangement
Invoice financing starts from $4,999, subject to eligibility and assessment. Advertised interest rates start at 5.2%. The applicable rate depends on the financing arrangement, assessment and relevant conditions.
A due diligence and underwriting fee may apply. The amount varies according to the financing terms and region. Any applicable fee and other charges will be disclosed before you commit. Depending on the agreed conditions, the fee may be payable after conditional approval or before disbursement, and may be deducted from the financing proceeds.
Additional charges or obligations may arise from the invoice financing structure. Late payment fees may apply. There are no early repayment penalties under the stated programme terms. Approval is not guaranteed, and all applications remain subject to assessment and applicable legal requirements.
Invoice finance FAQs
What is invoice finance?
Invoice finance is a form of business funding that may allow an eligible business to access financing against qualifying unpaid invoices or accounts receivable.
Do all outstanding invoices qualify?
No. Invoices are assessed individually. Their validity, payment terms, customer details, dispute status and other factors may affect eligibility.
Can a small business apply?
Small businesses may submit an enquiry if they issue genuine commercial invoices and meet the applicable requirements.
Will my customers be contacted?
Customer verification or notification may be required depending on the financing structure. This will be explained before any agreement is accepted.
Can I use invoice finance for general business expenses?
Where permitted by the agreed arrangement, proceeds may be used for legitimate business purposes such as operating expenses, inventory or supplier payments.
How long does the application review take?
Initial enquiries are generally reviewed within 1–3 business days. Further verification may take longer depending on the invoices and supporting documents required.
Make your outstanding invoices work harder
Tell us about your business receivables and financing requirements to begin an initial review.