Is same-day funding available once I’m set up with invoice finance?

Quick summary: Yes — same‑day funding is possible in certain invoice finance scenarios, especially with spot factoring or when a lender has a pre‑approved line and all checks and documentation are complete. Most first‑time setups take longer. UK Business Loans can match your company to lenders and brokers who offer fast invoice funding; complete a Free Eligibility Check to get matched and receive quotes quickly. UK Business Loans is an introducer — we do not lend.

Last updated: 1 November 2025

Important: UK Business Loans introduces businesses to lenders and brokers. We are not a lender and do not provide regulated financial advice. Submitting an enquiry is not an application and will not affect your credit score.

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Table of contents

• Quick answer — can you get same‑day invoice funding?
• How invoice finance normally works
• Which invoice finance products can provide same‑day funding?
• What determines whether funding can arrive the same day?
• Typical onboarding timeline — realistic examples
• How UK Business Loans helps you get funding faster
• Practical checklist — prepare these to improve chances
• Costs, fees and transparency
• FAQ
• Next steps — get a free eligibility check
• Further reading & useful links

Free Eligibility Check — Get Quote Now

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Quick answer — can you get same‑day invoice funding through UK Business Loans?

Short answer: maybe. Same‑day funding is commonly available for certain invoice finance products — particularly spot factoring — and for customers who already have a pre‑approved facility with a lender. However, availability depends on onboarding status, KYC checks, your buyer’s credit standing and whether the lender supports instant or CHAPS payouts. UK Business Loans introduces you to specialist lenders and brokers who can offer fast or same‑day options where possible.

Start Your Free Eligibility Check (2 minutes)

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How invoice finance normally works (brief primer)

Invoice finance lets a business unlock cash tied up in unpaid invoices. Two main commercial models are used:

• Factoring: A factoring company buys or advances against your invoices, typically taking responsibility for collections (recourse vs non‑recourse varies).
• Invoice discounting: You retain control of collections while borrowing against invoices — usually a confidential facility.

Other terms to know:

• Spot factoring: Single‑invoice or one‑off purchase — speeds can be faster because it’s transaction‑by‑transaction.
• Facility/line: An agreed credit limit covering multiple invoices — once set up, payments are typically quicker.
• Recourse vs non‑recourse: Whether the business remains liable if a debtor does not pay.

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Which invoice finance products can provide same‑day funding?

Not all products are designed for same‑day payouts. Typical options and expected timings:

Spot factoring

Spot factoring buys a single invoice and can often deliver funds the same day or next day once the buyer confirms the invoice and the seller’s checks are complete. Spot deals are ideal when you need cash for specific invoices rather than a standing facility.

Pre‑approved / dynamic invoice finance

Some lenders offer pre‑approved facilities or dynamic products that can advance funds within 24 hours for approved customers. These require the facility to be active and KYC/credit checks complete.

Traditional factoring and invoice discounting

Initially these can take longer — typically 24–72 hours or several days — while onboarding and verification are completed. Once a relationship is established, routine invoices usually fund faster.

Product	Typical funding time
Spot factoring	Same day to next day (when buyer acceptance & checks complete)
Pre‑approved lines / dynamic	Same day to 24 hours for returning clients
Standard factoring / discounting (first invoices)	24–72 hours for initial funding; quicker later

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What determines whether funding can arrive the same day?

The following factors decide how fast money reaches your bank account:

• Onboarding & KYC completion: Identity checks, company documents and authorised signatory verification must be complete before funds are released.
• Debtor (buyer) credit checks: Lenders vet the buyer’s ability to pay; if checks are already complete, funding is much faster.
• Product type: Spot purchases are designed for speed; facility setups take longer initially but speed up later.
• Assignment and notification: If a lender requires notification to buyers (assignment), paperwork and buyer acknowledgement can add time.
• Invoice validity & supporting evidence: Clear, signed invoices and proof of delivery reduce queries and speed funding.
• Banking cut‑offs and payment method: CHAPS can deliver same day if processed in time; BACS takes longer.
• Pre‑approved limit: If a lender already holds a pre‑approved line for you, funds can be released faster.

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Typical onboarding timeline — realistic examples

Below are three realistic mini case studies illustrating how timelines vary:

Case A — Existing client with a spot invoice

• Situation: Returning client sells an invoice worth £50,000 via spot factoring.
• Action: Buyer confirms invoice, KYC already complete.
• Outcome: Funds sent same day (CHAPS) or next business day (BACS).

Case B — New client with pre‑approved facility

• Situation: Business has a facility approved subject to final checks.
• Action: Submit signed invoices and proof of delivery; lender completes debtor checks.
• Outcome: Typical funding 24–48 hours once final checks done.

Case C — Brand new client, full underwriting

• Situation: Newly introduced company requires full underwriting (accounts, bank statements, director ID, debtor checks).
• Action: Lender performs detailed due diligence and sets up assignment/contract.
• Outcome: Onboarding may take 5–10 working days; routine invoices fund faster after setup.

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How UK Business Loans helps you get funding faster

UK Business Loans connects you to lenders and brokers who specialise in invoice finance. Our role:

• Quickly identify lenders likely to offer fast or spot funding that fits your invoice sizes and buyer profile.
• Tell you which documents and evidence speed the process so you can be ready before you apply.
• Pass your enquiry to one or more relevant partners who will contact you with tailored quotes.

To improve your odds of same‑day funding, have these ready: signed invoice, buyer contact details, proof of delivery, recent bank statements and director ID. If speed is essential, tell us in your enquiry so we match you to partners that offer spot factoring or fast payout options.

Get Quote Now — Free Eligibility Check

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Practical checklist — prepare these to improve chances of same‑day funding

• Signed, clear invoice with payment terms and buyer details.
• Buyer contact name and email/phone for quick verification.
• Proof of delivery / signed POD or contract confirmation.
• Latest 3 months of business bank statements.
• Recent VAT returns or management accounts (if applicable).
• Director ID (passport or driving licence) and company registration documents.
• CHAPS details if you require immediate same‑day payout.

Pro tip: Electronic invoicing and PDF copies speed verification compared with paper originals.

Free Eligibility Check — It takes 2 minutes

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Costs, fees and transparency — what to expect

Faster funding often carries higher fees. Typical cost points to discuss with any lender or broker:

• Advance rate: Percentage of the invoice value you receive up front (commonly 70–90% depending on risk).
• Discount/fee rate: The charge applied per invoice or as a monthly fee — spot factoring fees are often higher per‑invoice than negotiated facility rates.
• Setup and service fees: One‑off onboarding charges, admin fees or minimum monthly retainer fees.

Examples are illustrative only. Always request a personalised quote. UK Business Loans is free to use; we introduce you to lenders/brokers who will provide full cost breakdowns once they assess eligibility.

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Frequently asked questions (FAQ)

Can I receive same‑day funding on every invoice?

No. Same‑day funding is mainly available for spot factoring or where an existing approved facility and checks are already in place. New clients usually face longer onboarding times.

Will using invoice finance affect my customer relationships?

Not necessarily. Some arrangements are confidential (invoice discounting) and customers may never be notified. Factoring can involve buyer notification; the broker/lender will advise on what’s required.

Do lenders need to notify my customers?

It depends on the product and the contract. Some funders require formal assignment and buyer notification; others operate confidentially. Ask your broker or lender during quotation.

Are there limits on invoice value for same‑day payouts?

Yes. Very large invoices may require additional checks and escrow arrangements. Spot funders often have upper limits for same‑day purchases — discuss sizes when you enquire.

Is same‑day funding available for start‑ups?

Possibly, but start‑ups often face more stringent checks. Speed depends on the buyer’s credit quality and how complete your documents are.

How quickly will a lender contact me after I complete the form?

Typically within a few hours during business hours; sometimes within minutes. Times vary by partner and the details provided in the enquiry.

Will requesting a quote affect my credit score?

No. Submitting an enquiry via UK Business Loans won’t affect your credit score. Lenders may carry out credit checks only if you proceed with an application.

What happens if my debtor disputes the invoice?

If a debtor disputes payment, the dispute handling depends on your contract (recourse vs non‑recourse). Discuss dispute procedures with the lender or broker before agreeing terms.

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Next steps — get a free eligibility check with UK Business Loans

If you need funds quickly, the fastest route is to prepare the checklist above and complete our short enquiry so we can match you to lenders and brokers who specialise in fast invoice funding. There’s no obligation and it won’t affect your credit score.

Get Quote Now — Free Eligibility Check

UK Business Loans introduces you to lenders and brokers. We are not a lender and do not provide regulated financial advice. By submitting your details you agree we may pass information to selected partners who will contact you by phone or email.

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Further reading & useful links

• UK Business Loans — Home
• Invoice finance (learn more about the product)
• Business loans
• Asset finance
• FAQ
• About us
• Privacy & terms
• FCA financial promotions guidance (external)

If you’re ready to see who can offer quick invoice funding, complete our short Free Eligibility Check and we’ll match you to lenders and brokers who can help fast.

Free Eligibility Check — Get Matched to Fast Payers

1. Can I get same‑day invoice funding?
Yes — same‑day funding is possible for spot factoring or when you have a pre‑approved invoice finance facility and all KYC, debtor checks and CHAPS payment instructions are complete.

2. How fast will lenders contact me after I complete the Free Eligibility Check?
Typically lenders or brokers contact you within hours during business days after you submit the free form, though exact times vary by partner.

3. Will submitting an enquiry through UK Business Loans affect my credit score?
No — submitting an enquiry or Free Eligibility Check with UK Business Loans won’t affect your credit score; lenders may only perform credit checks if you proceed with an application.

4. What paperwork speeds up same‑day invoice finance onboarding?
Providing signed invoices, buyer contact details, proof of delivery, recent bank statements, director ID and company documents dramatically speeds up checks and funding decisions.

5. Do lenders have to notify my customers when I use invoice finance?
It depends — invoice discounting can be confidential, while factoring often requires formal assignment and buyer notification, so ask your broker or lender which applies.

6. Are same‑day payouts more expensive than standard invoice finance?
Often yes — faster funding typically carries higher fees or lower advance rates, plus possible setup and admin charges compared with negotiated facility rates.

7. Can start‑ups access same‑day invoice funding?
Possibly, but start‑ups usually face stricter underwriting and rely heavily on the buyer’s credit quality and completeness of documentation for speedier funding.

8. Which payment methods enable funds to arrive the same day?
CHAPS payments can deliver same‑day once processed before bank cut‑offs, whereas BACS and slower methods typically take longer.

9. What’s the difference between spot factoring and invoice discounting?
Spot factoring buys individual invoices for immediate cash often with faster payouts, while invoice discounting is a confidential ongoing facility where you retain collections control.

10. How does UK Business Loans help me secure fast invoice finance?
UK Business Loans acts as an introducer — matching your details from the Free Eligibility Check to specialist lenders and brokers who can offer tailored, often faster, invoice funding options.