Invoice finance FAQs
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Q. What is invoice finance?
A. Invoice financing is where a third party, such as Hitachi Capital Invoice Finance, agrees to buy your unpaid invoices for a fee, meaning that you no longer have to wait the typical 30-90 day to receive payment. There are 2 types of invoice financing in the UK; invoice factoring and invoice discounting.
Related questions
Q. Once I have made contact with Hitachi Capital, how long will it take for someone to see me?
Q. What is the process from initial enquiry to funds in my bank account?
Q. How long will this process take?
Q. Do you fund new start businesses?
Q. Do you fund phoenix companies?
Q. How much money can I borrow?
Q. How much will it cost?
Q. What if I don’t want my customers to know that I’m using invoice finance?
Q. Will you tie me in to a lengthy contract?
Q. I'm already using a factoring provider but I’m unhappy and want to switch, can you do this for me?
Q. Why should I use an invoice finance provider instead of my bank overdraft?
Q. Why should I choose Hitachi Capital?
Q. Can I access details of my account in real time?
Q. Can I trust you to handle my credit control in a professional manner?
Q. Can I use more than one provider simultaneously?
Q. Will there be someone managing my account?
Q. I export goods and services, will you provide invoice finance on these invoices?
Q. I provide goods and services to consumers. Will you fund these invoices?
Q. Will I face any issues in receiving the level of funding I need?