An alternative for unpaid invoices
Turn unpaid invoices into working capital.
Access funding against eligible invoices. This uses your receivables and is different from an unsecured business loan.
What is a invoice finance?
Invoice finance is funding advanced against eligible unpaid business invoices, typically 70–90% of the invoice value upfront with the balance (less fees) paid when your customer pays. It uses your receivables as security rather than property.
Businesses that invoice other businesses on 30, 60 or 90-day terms often have plenty of revenue but tight cash. Invoice finance releases most of the invoice value early so wages, suppliers and the ATO are paid on time.
Options range from selective single-invoice funding to whole-ledger facilities, disclosed or confidential. Your broker explains the advance rate, fees and what happens if a customer pays late.
Invoice finance at a glance
| Amount | $20,000 – $5,000,000 |
|---|---|
| Term | 1–12 months |
| Rate type | Variable |
| Indicative rates (Q3 2026) | 8% – 18% p.a. · see rate history |
| Security | Secured by receivables |
| Repayments | Settled when the customer pays each invoice |
| Typical speed | 24–48 hours per invoice once set up |
| Best for | B2B businesses with reliable customers on long payment terms |
| Consider something else if | Businesses that sell to consumers or are paid at the point of sale |
| Tax | Fees are generally a deductible business expense. |
Advantages
- Grows with your sales
- No property security
- Can be confidential
Trade-offs
- Fees scale with how long customers take to pay
- Not all invoices or customers are eligible
- Some facilities require the whole ledger
How to apply for a invoice finance
- 01
Review your debtors
Who owes you, how much and how long they take to pay.
- 02
Choose a structure
Selective, whole-ledger, disclosed or confidential.
- 03
Fund invoices
Upload eligible invoices and receive the advance, usually within a day.
Documents lenders commonly ask for
- Aged receivables report
- Sample invoices and contracts
- Bank statements and financials
Estimate your repayments
- Number of repayments
- 12
- Total interest (est.)
- $4,964
- Total repaid (est.)
- $79,964
This calculator provides an estimate only and does not account for fees, charges or the specific terms a lender may offer. It is not financial advice or an offer of finance.
Key terms
What is invoice finance?
Invoice finance (also called debtor finance or receivables finance) advances a percentage of an unpaid invoice’s value now, with the remainder paid when the customer settles, minus the financier’s fees.
Invoice finance vs invoice factoring
Factoring sells the invoice to the financier who collects from your customer; invoice discounting keeps collections with you and is usually confidential. Both are forms of invoice finance.
Invoice finance FAQs
How quickly can I access funding?
Timing depends on the lender, your application and the documents available. Tell us your deadline so we can explain the likely timing and what is needed to move forward. Funding is subject to lender approval and completion of any conditions.