Invoice & debtor finance · selective invoice finance
Finance the invoices you choose, not all of them.
Pick specific invoices to fund based on cashflow need. No long-term commitment, no whole-ledger requirement. Newer fintech-led product that fills the gap between traditional factoring and confidential invoice discounting.
What it is, when it fits
Plain English, with the trade-offs.
Selective invoice finance lets you choose which invoices to fund, one at a time or batch by batch, rather than committing the whole ledger to a financier. You upload an invoice, the lender prices it (based on your debtor's credit, invoice size, and your operating profile), and either advances cash within 24 hours or returns a soft decline. There's no minimum facility size, no monthly fee, no long-term contract. You pay only for the invoices you fund, and you can fund as many or as few as you like. The model emerged with the fintech invoice-finance platforms in the 2010s and has matured into a robust mid-market option. It suits businesses with lumpy receivables (a few large invoices among many small), occasional cashflow squeezes rather than ongoing cycle pressure, or a single very large invoice that doesn't justify whole-ledger factoring. Pricing is per-invoice (typically 0.5% to 2% per 30 days outstanding), simple to model on a deal-by-deal basis.
Hands reviewing finance documents over a paper-strewn table.
Typical scenarios
Occasional cashflow tightness
Why: Mostly comfortable cashflow with quarter-end pressure.
Outcome: 2 to 4 invoices funded per quarter, $50K to $150K each.
Single large invoice payment delayed
Why: Major customer pushing payment from 30 days to 60.
Outcome: $200K invoice funded for the additional 30-day stretch.
Project-based business with lumpy receivables
Why: Occasional six-figure invoices, mostly small monthly retainers.
Outcome: Selective funding on the project invoices, retainers settled normally.
Consultant business with one big client
Why: 70% of revenue from one client on slow payment terms.
Outcome: Per-invoice funding aligned with that client only.
Lenders for this product
Who we work with.
- Apricity Finance
- Skippr
- InvoiceX
- Marketlend
Lender accreditation varies; not every lender is available for every deal. We pick from the panel based on your specific situation.
How it works
From brief to settlement.
- 01
Platform shortlist
Three platforms cover most selective invoice finance use cases. We match deal size, debtor mix, and frequency to the right one.
- 02
Onboarding
Initial KYC and account setup typically completes in 1 to 3 days. Subsequent invoices through the same platform settle within hours.
- 03
First-invoice funding
Upload an invoice, lender returns indicative pricing within hours, you accept and funds settle. We help model the all-in cost on the first deal so the comparison is honest.
- 04
Ongoing self-service
Once onboarded, the platform is largely self-service. We stay available to compare pricing across platforms or escalate edge cases.
Indicative pricing & terms
Ranges, not promises.
Rate range
0.5 to 2% per invoice per 30 days
Loan size
$5K minimum invoice typical, no facility cap
Term
Per-invoice; settles when customer pays
Security
Assignment of the specific invoice; usually unsecured otherwise
Indicative only; specific pricing depends on lender, security, and your business profile.
Frequently asked
Honest answers, plain English.
When does selective beat full factoring?
When you don't want a long-term commitment, when only some invoices need funding, when you have one or two large debtors driving the gap, or when you want the per-invoice cost transparency of pay-as-you-go pricing.
Per-invoice approval criteria?
Most lenders run a quick credit check on the debtor (your customer), assess invoice size, and confirm the invoice is genuinely outstanding and not disputed. Approvals typically return within hours; declines usually flag debtor concentration or debtor credit.
Customer credit checks?
Yes, the financier independently assesses your customer's credit because they're ultimately funding against the customer's ability to pay. A weak debtor profile will return a soft decline or require a higher service fee.
Platform fees?
Most platforms charge a small per-invoice service fee on top of the discount margin (often $20 to $100 per invoice). On larger invoices the platform fee is immaterial; on small invoices it can be material to total cost.
How fast does the cash arrive?
Typically 24 to 48 hours from upload to funds settled. First invoice can be slower (initial KYC and onboarding); subsequent invoices through the same platform settle quickly.
Repeat business with the same financier?
Yes, and most clients of selective finance gradually become repeat users with one preferred platform. Some lenders move repeat users to slightly preferential pricing once a track record builds.
Related products
If this isn't quite the fit.
Next step
Twenty minutes, no obligation.
Tell us the shape of the deal and the timing. We'll send a lender shortlist for selective invoice finance or, if it isn't the right fit, an honest signal of what is.