Can I Pay Off Invoice Financing Early?

Some UK invoice finance providers allow businesses to pay off their invoices before they are due. Although there will generally be a charge for doing so. An Invoice finance UK provider may charge several different types of fees when providing invoice finance. 

You should be clear about any fees or charges at an early stage so that you can evaluate whether it is still worth proceeding with your application for invoice finance. In particular, if you want to pay off your invoice finance facility early, you should find out how much it would cost you to do so. 


These invoice financing costs must be reasonable as otherwise, they could make invoice finance prohibitively expensive. For example, a fee of 1% of invoice value per month would equate to 12% per annum. 


This type of fee structure could prove extremely costly if you wanted to pay off your invoice finance within just a few months. Therefore, any such fee structure mustn't prevent business owners from paying off their invoice finance early if they choose to do so.

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