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Invoice Finance

Advising lenders and borrowers on legal matters with a view to reducing late payments and bad debt.

Advising lenders and borrowers on legal matters with a view to reducing late payments and bad debt.

Invoice Finance solicitors in London and Essex

Invoice finance helps businesses to unlock money that is tied up in unpaid invoices. It is useful for businesses that wish to improve their cashflow or want to leverage their debtor balance to invest in growth opportunities. 

The two main types of invoice finance are invoice discounting and factoring. 

Invoice discounting is where the unpaid debts owed to a business (e.g. customer invoices) are used as collateral for a cash advance, which provides the business with a source of working capital until the debts are paid. The business will retain control of the invoicing and debt recovery process.

Factoring is where the rights in the unpaid debts are “assigned” to the factoring company in exchange for a payment. The factoring company then takes over the entire credit control process which means that the debtors (e.g. customers) will be contacted by the factoring company.

There are many reasons why businesses use invoice finance, including:

  • Reducing late payments or bad debts
  • Receiving a cashflow boost
  • Freeing up of business resources
  • Taking advantage of economies of scale e.g. volume discounting from suppliers

We advise on a range of recipients of invoice finance and can assist with the review and negotiation of the legal documentation. 

Our unique selling point is that we understand what clients want from their lawyers. We will manage your transaction proactively, with careful attention to detail while never losing sight of the bigger picture.

While working with us you will have access to our strong network of other professionals such as accountants, independent financial advisers and bankers.

We offer a range of pricing options and will be happy to discuss these with you. As a client-centred law firm, we will be transparent with you about our pricing and actively manage these in line with our agreements.

    Free enquiry

    We may send you updates about legal developments and thought leadership that might be of interest to you and/or information about our services, including exclusive offers, promotions or new services. You have the right to opt out of receiving promotional communications at any time by contacting us at hello@birdilaw.com or using the ‘unsubscribe’ link in emails. You may also wish to review our privacy policy that provides further information about how we use personal data.

    Why use Birdi & Co for Invoice Finance

    We approach every project with real passion. If you’re passionate, you care more and work harder. Simple.

    If you truly understand the feelings and goals of your clients, we believe you build stronger relationships, and offer better long-term solutions.

    We have a culture where we embrace independent thought. We encourage our people to think creatively and explore ways we can be doing things more effectively.

    With clients and within our team, a collaborative relationship delivers better results and a more transparent and reassuring experience.

    Why use Birdi & Co for Invoice Finance

    Enthusiasm

    We approach every project with real passion. If you’re passionate, you care more and work harder. Simple.

    Empathy

    If you truly understand the feelings and goals of your clients, we believe you build stronger relationships, and offer better long-term solutions.

    Curiosity

    We have a culture where we embrace independent thought. We encourage our people to think creatively and explore ways we can be doing things more effectively.

    Collaboration

    With clients and within our team, a collaborative relationship delivers better results and a more transparent and reassuring experience.

    Let’s talk about
    how we can help…

    ...or send us a message.

      We may send you updates about legal developments and thought leadership that might be of interest to you and/or information about our services, including exclusive offers, promotions or new services. You have the right to opt out of receiving promotional communications at any time by contacting us at hello@birdilaw.com or using the ‘unsubscribe’ link in emails. You may also wish to review our privacy policy that provides further information about how we use personal data.