AccountantsAre you looking for tools to provide your clients with general information about finance options available for their business. Our aim is to provide you with the basic information to start the discussions with your client. You remain in control of the discussions without the need to hand over your customer to a third party to discuss loan options. Or you can simply use this site for a reference point. Request Access |
Fee funding offers solutions to help both you and your clients' cash flow.
Fee funding lets you unlock the cash tied up in your unpaid invoices, while allowing your customers to pay over time.
Fee funding is a form of invoice funding, that uses a third-party provider in order to access cash from unpaid invoices/fees. The lender provides the cost of the invoice upfront at a discounted rate of 70%-90%, and the client has time to pay off the invoice when it is due, or in weekly or monthly installments directly to the lender.
The main difference between fee funding for accountants and standard invoice lending is the fact that your clients have the option to pay your invoices in monthly installments to the lender. This also potentially helps to offset some of the costs usually associated with invoice lending, as clients pay interest on their repayments to the lender.
There is also the benefit of outsourcing your debt collection responsibilities.