Invoice Finance Experts in Essex & London

Late invoice payments are one of the biggest challenges facing SMEs across Essex, London and the UK, often creating unnecessary strain on cash flow and working capital.

At Financial Service Solutions, a trusted, family-run broker serving Essex, London, and beyond, we specialise in helping businesses unlock funds tied up in unpaid invoices.

With our expertise in invoice finance, local businesses can access immediate funding without taking on traditional debt.

What Are Factoring and Invoice Discounting?

• Factoring: The finance provider manages collections directly, contacting customers and securing payments on your behalf.
• Invoice Discounting: A confidential arrangement where your business retains control of invoices and collections, with customers unaware of the finance agreement.

Depending on the lender, SMEs may receive up to 95% of the invoice value upfront, with the balance paid after customer settlement minus service fees. Both methods provide fast access to cash, helping businesses overcome late payments and maintain stability.

How Factoring Works with Our Clients

Factoring is particularly valuable for SMEs in Essex, if you are based in Basildon, Chelmsford or London, dealing with multiple or late-paying customers. Here’s how it works:

1. The factoring company purchases your unpaid invoices and manages collections.
2. You receive an immediate cash advance, often within 24–48 hours.
3. The provider handles customer communication, reducing your administrative burden.
4. Once customers pay, the remaining balance is transferred to you, minus agreed fees.

This solution converts receivables into cash flow, allowing businesses to focus on operations, growth, and client service rather than chasing payments.

How Invoice Discounting Works

Your business continues to handle invoices and customer collections, and customers remain unaware that finance is being used. Funds are advanced against outstanding invoices, which strengthens liquidity without affecting client relationships.

This approach is ideal for SMEs across the UK that value discretion and want to retain full control of their operations. It works particularly well for businesses with strong credit control systems that want the flexibility of invoice finance without any external involvement in collections.