Short answer
Invoice Finance: what matters first
Invoice finance releases a portion of the value of eligible unpaid invoices upfront, with the balance, less fees, paid when your customer settles. Lenders focus mainly on the quality of your customers and invoices rather than only on your own credit profile. It suits businesses that invoice other businesses or government on payment terms. It is usually less suitable for cash or card sales, or for invoices that are disputed or overdue.
Who it is for
Invoice finance suits businesses that sell on account to commercial customers and wait to be paid.
- Businesses invoicing other businesses or government on 30 to 90 day terms
- Wholesalers, manufacturers, labour hire, transport and trade businesses
- Growing businesses whose receivables are rising faster than cash
- Operators with reliable customers but uneven payment timing
Common funding uses
Invoice finance is used to keep the business moving while receivables are outstanding.
- Wages and subcontractors while invoices are unpaid
- Materials and supplier bills for the next job
- Taking on larger contracts or new customers
- Smoothing long or uneven payment terms
What affects eligibility
Lenders look closely at who owes the money and how reliably they pay.
- The credit quality and payment history of your customers
- How concentrated the debtor book is across customers
- Invoice terms, ageing and any disputes or credit notes
- Whether invoices are for completed work or delivered goods
- Existing security registered over receivables
What documents are needed
An invoice finance review starts with your receivables as well as your bank statements.
- Recent business bank statements, usually the last 3 to 6 months
- ABN, entity and director details
- Requested amount and a clear funding purpose
- Basic turnover, trading history and contact details
- Aged receivables (debtor) report
- Sample invoices and key customer contracts or terms
Frequently asked questions
What is the difference between invoice factoring and invoice discounting?
With factoring, the lender usually manages collection and your customers pay the lender. With discounting, you usually keep collecting from customers yourself and the arrangement can be confidential. Lenders offer different versions, so the terms explain who collects and whether customers are notified.
How much of an invoice can I access?
Lenders advance a portion of each eligible invoice, not the full amount, and pay the balance less fees once the customer pays. The percentage depends on the lender, your customers and the invoice terms.
Is invoice finance better than a business loan?
It can suit better when the cash gap is caused by unpaid invoices from reliable customers. A business loan can suit better for needs not tied to receivables. Our guide to invoice finance vs a business loan compares both.
Does Blackcube Capital buy my invoices?
No. Blackcube Capital is a commercial credit facilitator, not a lender or factor. Invoice finance is provided by third-party lenders, subject to their assessment, approval and terms.
Check options
Get a practical view before you apply broadly.
Tell us the funding amount, turnover and purpose. A lending specialist will review what looks realistic and explain the next step if there is a lender fit.