Turn unpaid invoices into cash: selling your accounts receivable

The invoices sitting in your accounts receivable represent money you've earned but can't yet spend. Selling those receivables to a funder converts them into cash now — a practical option, particularly when a bank has said no.

How selling receivables works

Rather than waiting for customers to pay, you assign your invoices to a funder, who advances most of their value upfront — typically up to 90% — and releases the balance, minus a fee, when the customer settles. It's invoice finance by another name, and it turns a slow-moving asset into working capital.

Why businesses choose it

• Immediate, predictable cash flow instead of unpredictable payment dates.
• Funding that grows with your sales rather than a fixed limit.
• No new term debt and no monthly repayments to service.
• Often available where property-based bank lending isn't.

Things to weigh

There's a cost — a service fee plus a discount charge — and the quality of your invoices matters: disputed or conditional invoices fund poorly. With standard recourse facilities, an invoice unpaid after an agreed period reverses to you, though bad-debt protection can be added.

Used well, selling receivables is one of the simplest ways to keep cash moving. We'll give you a clear, honest view on whether it suits your business.