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Invoice finance for professional services

Invoice finance releases most of the value of your unpaid invoices within days of raising them. Firm owners use Rook Bristol invoice finance to hire ahead of a new client win or acquire a client book or smaller firm, with rolling facility and advances typically within 24 hours of submitting an invoice, once live.

Apply nowAbout invoice finance
Check your eligibilityStep 1 of 5
How much funding do you need?

A best guess is fine. You can change it with your finance manager.

£10K£1M
How long have you been trading?
What's your average monthly turnover?

Total money coming into your business account in a typical month.

What type of business is it?
Where should we reach you?

We'll use this only for your application.

Invoice finance for firm owners
AmountFacility linked to your sales ledger
TermRolling facility
SpeedAdvances typically within 24 hours of submitting an invoice, once live
PaymentsSettled when your customer pays, less an agreed fee
Best forB2B firms on 30 to 90 day payment terms

Common uses in professional services

  • Hire ahead of a new client win
  • Acquire a client book or smaller firm
  • Pay contractors weekly while clients pay monthly
  • Fit out a new office
  • Invest in systems and software

Why firm owners choose invoice finance

People are the biggest cost

Salaries are paid monthly while clients pay on 30 to 60 day terms. Invoice finance or revolving credit smooths the difference.

Growth means hiring ahead

A new contract needs people in seats before the first invoice goes out.

Buying a book or a firm

Acquiring a client book or a smaller practice is a common route to growth, and a business loan can fund it.

Recruiters pay contractors weekly

Temporary and contract recruitment agencies pay workers long before clients settle. Invoice finance is built for this gap.

How does invoice finance work?

  1. 1

    Apply and share your aged debtors report. We assess the quality of your customers as much as your own business.

  2. 2

    Choose factoring, where we manage collections for you, or invoice discounting, where you keep control and customers need not know.

  3. 3

    Raise an invoice as normal and upload it. We advance an agreed percentage of its value, usually within 24 hours.

  4. 4

    When your customer pays, you receive the balance, minus a fee agreed at the outset.

What do I need to qualify?

  • 6 months trading
  • £10K+ in monthly turnover
  • A UK-registered business
Check my options

Other funding for firm owners

Questions, answered

Something else on your mind? Ask the team.

Can firm owners qualify for invoice finance?
Many can. We typically look for a UK-registered business, 6 months trading and £10K+ in monthly turnover. We review professional services businesses with the sector's cash-flow patterns in mind. All finance is subject to status.
What is invoice finance?
Invoice finance lets you borrow against money your customers owe you. You receive an advance on unpaid invoices, then the balance, less fees, once the customer pays.
What's the difference between factoring and invoice discounting?
With factoring, the finance provider manages your sales ledger and collects payment from your customers. With invoice discounting, you keep running credit control and collections yourself, and the arrangement can be confidential.
Can asset-light firms get funding?
Yes. Unsecured business loans and revolving credit don't require property or equipment as security. We look at turnover, cash flow and client quality.

Want to partner with us?

Businesses, brokers and introducers: check eligibility in about three minutes, or talk to our team about working together.

Apply nowContact our team