Calverton Finance Invoice Finance Review

Each of Calverton’s products release up to 90% of the invoice’s value directly to you upon issuing. Once the invoice is paid, Calverton Finance returns the remaining amount to you, and withholds incurred fees.

Calverton Finance’s offers include:

• Invoice factoring – with this, a business delivers its goods or services as usual and includes a notice that invoices must be paid to Calverton. Take this option, and you upload the invoice via the Calverton online portal, choose how much you want to withdraw, and your funds will be transferred the next day. 
• Invoice discounting – this works in a similar way, but the business remains responsible for collecting payments and invoices continue to be paid into an account in the business’s name. This could be the right option for you, if you don’t want your clients to know you are financing invoices — for them, it is business as usual.
• Selective invoice finance – ‘selective’ is the key word here, as customers of this product can pick and choose which invoice to finance against, on an invoice-by-invoice basis. If you want a truly flexible way of injecting cash into your business, then this could be it. Simply upload the invoice you want to finance to Calverton’s online portal. Then upon approval, you’ll receive up to 90% of the invoice minus a service charge. As with more traditional invoice financing, Calverton takes responsibility for the unpaid invoice. Once your customer pays Calverton, you’ll receive the remaining 10%. This approach is ideal for businesses with irregular cash flow.

What’s more, Bad Debt Protection is available on each of these products. So if a customer fails to pay within 150 days of the due date, or enters insolvency, you can recover the debt minus an Administration Fee (£1,200 or 0.5%, whichever is greater).

Note: all of Calverton Finance’s products are limited to financing between £25,000 to £500,000.