Stop waiting
to be paid
Turn your unpaid invoices into cash
in as little as 2 hours.
Get paid as soon as you invoice
Invoice finance lets you unlock the cash tied up in unpaid invoices* – without waiting for your customers to pay. Instead of sitting on payment terms of 30, 60, or 90 days, you get the funds upfront.
We take a small fixed fee, and you get on with running your business.
How it works
It's quick and easy to get started:
Open an account
Sign up to create your free account in just a few minutes.
Submit your invoice
Upload your selected invoice for an instant quote.
Get paid
Once approved, receive the funds within as little as two hours.
Two ways to get
paid with Penny
There are two main types of selective invoice finance, invoice factoring and invoice discounting. While the concepts are similar, there are some key differences to keep in mind.
Spot Invoice
Financing
your behalf. Good if you'd rather hand off the admin and
let us chase payment for you.
Payment collection
Customer contact
Ledger & credit control
One or more invoices
Fees based on invoice
One-off or occasional
Confidential Invoice
Discounting
your customer directly. They'll never know we're involved.
Payment collection
Customer contact
Ledger & credit control
One or more invoices
Fees based on invoice
One-off or occasional
Not sure which is right for you? Get a quote and we'll help you figure it out.
Protect your cash flow
Lengthy payment terms shouldn't hold your business back.
With Penny, you choose which invoices to cash in – and we fund them fast, for a small fixed fee.
No monthly fees or setup costs
No long-term commitment
Your customers don't need to know
Across England, Scotland and Wales
For limited companies & sole traders
Invoices up to £500,000
Frequently asked questions
How quickly will I get paid?
New users typically receive funds within 24 hours. Once your account is set up, you can get paid in as little as two hours from approval.
Do I have to finance all my invoices?
No. That's the whole point. Pick the invoices you want to cash in whenever you need to.
Over 10,000 business owners have stopped waiting.
Get a no-obligation quote in minutes and
see exactly what your invoice is worth.
*Unpaid invoices refers to invoices within their agreed payment terms.