Compare Invoice Financing

  • We have teamed up with Newable Finance to help you find the right invoice financing for your business
  • Release the cash that is tied up in your unpaid sales invoices immediately
  • Compare a range of invoice finance providers
  • 100% free and no obligation
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This comparison service is provided by Newable Finance Ltd. Newable Commercial Finance, trading as Newable Finance, is a finance broker, not a lender. Not all products offered by Newable Commercial Finance are regulated by the Financial Conduct Authority. They compare invoice financing services from a range of different lenders, aiming to find the one that best suits the needs of their business customers. Newable Finance consultants look at the profile of each business, including cash flow, accountancy needs, and any other specific requirements, to match them with the most appropriate invoice finance provider and product. Newable Commercial Finance is authorised and regulated by the Financial Conduct Authority (FRN: 723703).

Last updated on 30 March 2021.

Invoice Finance FAQ

Who are Newable?

Newable Finance is a broker that is authorised and regulated by the FCA. The company was founded in 1982, when it was known as Greater London Enterprise. They re-branded as Newable in 2016, and through their offering of financial services they aim to support businesses with their financial needs.

What services does Newable offer?

Newable offers a variety of services designed to help businesses. They provide finance products including commercial mortgages, bridging loans, merchant cash advances, business loans, and asset finance, as well as invoice finance. They also offer flexible workspace solutions and other services that aim to provide solutions to a range of business needs.

How does Newable invoice finance work?

As a broker, Newable will help you to find the most suitable invoice finance option for your situation, looking at your business and how much finance you require. Invoice finance uses the value of a business’s unpaid invoices as security. Businesses can access a percentage of the value of the unpaid invoice in advance, with the lender taking a set fee as payment. The way this is collected depends on the type of invoice finance taken out. With invoice factoring, the finance company will collect payment from your customer directly. Whereas, with invoice discounting, your business will collect payment from your customer as usual and then repay the lender. Details will differ between invoice finance providers.

How can Newable invoice finance support my business?

Newable invoice finance can help businesses to release funds that are tied up in unpaid invoices. It can be used to tide you over until the invoices are paid, to pay suppliers, or to increase your working capital so you can start to grow your business.

What are the benefits of invoice finance?

Invoice finance is a flexible finance option that can help you to release funds as and when you need them. It means you don’t need to wait for a customer to pay their invoice before embarking on your plans, which could help you to pay your tax bill, pay suppliers, manage business costs or to pay for any expansion projects. Invoice Finance can also be a relatively quick way to access finance, especially once you have signed up with a lender. However, businesses still need to bear in mind that invoice finance is a loan and that the finance company will take a set sum of money for the service.

Where can I find reviews of Newable Finance?

To find out more about Newable Finance and its services, you can look at independent review sites like Trustpilot to see what customers have said about their experiences.