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• 01 May

  Price Checker

  Invoice Finance Benchmark Checker

  Use this free benchmark checker to compare your current invoice finance, factoring or invoice discounting costs against our indicative pricing model.

  If you already have a facility or a quotation, enter the figures below to see whether your costs appear competitive. The result is only an indication, but it may help you decide whether your facility is worth reviewing.

  Check Your Invoice Finance Costs

  Figures are indicative only. VAT, ancillary charges, debtor profile, sector risk, invoice volume and facility structure may affect actual costs.

  Annual turnover (£)
  
  
  Product type
  Factoring Invoice Discounting
  
  Total sales ledger (£) (optional)
  

  If left blank, the checker assumes 2 months of sales outstanding.

  Amount over 120 days (£) (optional)
  
  
  Funding percentage
  %
  
  Bank base rate used for this estimate (%)
  
  
  

  Your Current Or Quoted Costs

  You can enter your costs as percentages, annual pound values, or a mixture of both. If you enter an annual pound value, the checker will use that in preference to the percentage.

  Service or admin fee (%) (optional)
  %
  
  Service or admin fee annual value (£) (optional)
  
  
  Discount margin over base rate (%) (optional)
  %
  
  Discount charge annual value (£) (optional)
  
  
  Check costs Reset

  Your Benchmark Result

  Benchmark service/admin fee:

  Benchmark discount charge:

  Total benchmark annual cost:

  ---

  Your entered annual service/admin fee:

  Your entered annual discount charge:

  Your combined annual cost:

  ---

  Result:

  Difference from benchmark:

  Historic client savings:

  GET A FREE INVOICE FINANCE REVIEW

  Please get in touch with us on 03330 113622 to discuss specialist help for smaller businesses.

  How The Benchmark Checker Works

  The checker compares your entered costs against an indicative pricing model for invoice finance, factoring and invoice discounting. It uses turnover, product type, estimated funding usage and the current bank base rate entered above.

  The result should not be treated as a quotation. It is designed to highlight whether your current facility or quotation may be worth reviewing.

  Why Your Costs May Differ

  Invoice finance costs can vary depending on your turnover, sector, debtor spread, invoice volume, facility structure, contract period, concentration risk and whether additional services are included.

  A facility that appears expensive may still be appropriate in some circumstances, but it is often worth checking whether another provider could offer a more competitive arrangement.

  Free Independent Review

  FundInvoice LLP is an independent invoice finance broker. We compare providers free of charge for clients, as we are paid by the finance companies if a facility is successfully arranged.

  If you already have a facility or quotation, we can review it and see whether there may be a better option available.

  REQUEST A FREE REVIEW

  By Glenn Blackman