Upload and submit unpaid customer invoices from one place.
With a Samui account you can select invoices to finance as and when needed, and receive 100% of the invoice value within 24hrs.
We're transforming the invoice finance market with solutions that can be used by all businesses, no matter how big or small.
We offer greater speed, flexibility and access than traditional invoice factoring providers.
You can register a free Samui account today if your business meets the following criteria:
- Business entity: Limited Company or Sole Trader
- HMRC registered and based in England or Wales
- B2B invoices: for delivered goods/completed work
Selective invoice financing lets businesses choose specific invoices to borrow against. Also referred to as spot factoring or single invoice finance, this type of funding is a cost-effective solution for business owners that don't want to raise their entire sales ledger.
Through selective invoice finance, companies can maintain healthy cash flow and mitigate seasonal fluctuations and dips in working capital.
Keep cash flowing freely through your business month to month for long-term financial success
Select single or multiple B2B invoices from £500 - £200,000. Funded within 24 working hours of request.
Available to non-homeowners. No personal guarantees, debentures or property security required.
Available to sole traders, micro-businesses, startups and SMEs in all industries.
Submit individual / multiple invoices and manage payments seamlessly through your account portal.
No commitments. You can use Penny's spot factoring services as little or as much as you'd like.
Invoices tracked with real-time data. Decisions provided within 3 hours of invoice submission.
Submit individual / multiple invoices and manage payments seamlessly through your account portal.
Less reliance on your customers for timely payments. Trade outstanding invoices for next day funds.
Our approach to selective factoring is simple. We don't require long-term commitments, and you don't need to raise your full sales ledger to open an account.
Once registered, you choose which customer invoices to finance and when.
Add customers to your account portal. Debtor details get stored securely for each time you want to submit one of their invoices for factoring.
Log in and upload individual invoices through your account portal.
After submitting, we quickly validate the invoice details with your customer before offering you a no-obligation quote.
Get paid the total value of the selected invoice for one small processing fee*. Using Open Banking, we safely deposit the funds into your connected account within 24 working hours. When your customer pays, we get repaid.
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