Single invoice factoring: fund one invoice, commit to nothing else

Whole-ledger facilities aren't the only way to use invoice finance. Single invoice factoring — also called selective or spot factoring — lets you fund one chosen invoice at a time, with no obligation to finance the rest.

How it works

You pick a specific invoice — usually a large one from a creditworthy customer — and the funder advances most of its value, commonly up to 90%, within a day or two. When the customer pays, you receive the balance, less a fee. You decide when, and whether, to do it again.

Why businesses like it

• No long-term tie-in — use it as and when you need it, with no minimum-fee commitment on a whole ledger.
• Targeted cash — release funds from one big invoice without restructuring your finances.
• Great for one-offs — a large contract, a seasonal spike, or a sudden opportunity.
• A gentle first step — a low-commitment way to try invoice finance before considering a full facility.

When a full facility is better

If you regularly need funding across many invoices, a whole-ledger facility usually works out more cost-effective and smoother to run. Selective funding shines for occasional, targeted needs. We'll help you judge which makes sense.