How invoice finance works
Businesses are increasingly exploring alternative finance solutions as traditional lending options remain restricted. Invoice finance from Siemens can be an important alternative to traditional credit lines, unlocking up to 90% of the value held in your unpaid sales ledger. Invoice finance arrangements with Siemens, including those with debtor protection, are supported by our market leading, real time, online solutions and are designed to keep administration to a minimum so that you can concentrate on what you do best - running your business with confidence.
With invoice finance we pay you against your approved unpaid sales ledger invoices - prepayment advances are made at an agreed percentage of their total value, typically 80-90%. As your customers pay, the non-prepaid element of the invoices is made available to you, less any agreed charges. As the facility continues to run, additional funding is made available on all approved future sales, allowing you access to the cash flow required to run your business.