Invoice Finance Calculator

Invoice finance releases cash from your unpaid invoices. Enter your monthly ledger, advance rate, service fee and discount rate to estimate the cost.

Your inputs

Monthly invoice ledger£500,000

£5,000£10,000,000

Advance rate85%

50%95%

Service fee (% of turnover)1.2%

0.2%3%

Discount rate (APR)4.5%

2%12%

Average days outstanding45 days

14 days120 days

Cash released each month

£425,000

Service fee per month

£6,000.00

Discount fee per month

£2,357.88

Total monthly cost

£8,357.88

Assumptions used in this calculator

Indicative only - actual pricing depends on debtor concentration, sector and ledger quality.
Confidential facilities are typically priced slightly higher than disclosed factoring.
Minimum facility usage fees may apply.

Factoring includes credit control by the lender and is typically disclosed to your customers. Discounting is confidential and you retain collections.

Once the facility is live, advances on new invoices are typically available within 24 hours of upload.

How it works

1
Confirm you invoice other businesses on credit terms of 30 days or more.
2
Apply through Spark Finance with your sales ledger and recent bank statements.
3
Receive competing factoring or discounting offers from specialist providers.
4
Draw down advances against your invoices within 24 hours of raising them.