Quick answer
Invoice finance releases cash against eligible unpaid business invoices. Suitability depends on debtor quality, invoice terms, disputes, concentration, recourse and the total service and finance cost.
Practical finance guide
Assess the debtors and facility mechanics together
The net cash benefit starts with the headline advance rate and then accounts for reserves, service fees, interest, minimum charges and debtor collection arrangements. Customer concentration and extended payment terms can materially affect the outcome.
Invoice eligibility varies
Related-party, disputed, overdue, progress-claim or concentrated invoices may be excluded or treated differently.
Recourse determines who bears non-payment
Understand whether the business must repay the advance if the debtor does not pay.
Customer communication varies
Factoring may involve disclosed collections; confidential structures operate differently and have their own criteria.
Minimum fees affect low utilisation
Compare the maximum facility limit with the realistic annual cost at expected invoice volumes, including months when fewer eligible invoices are assigned.
Questions worth resolving before an application
- Prepare an aged-receivables ledger.
- Identify debtor concentration and disputes.
- Confirm recourse and collection arrangements.
- Model fees at realistic monthly utilisation.
Product detail
Product details, evidence and practical finance pathways
Lenders assess invoice finance through the funding purpose, requested structure, trading performance, cash conversion cycle, current commitments and the evidence available today. X Lend organises these facts into a lender-ready proposal and compares suitable panel options.
Common funding purposes
release cash from receivables, fund wages, pay suppliers, support growth, manage long customer terms.
Facility and structure terms
advance rate, recourse, reserve, service fee, debtor concentration, confidential or disclosed collections.
Evidence used in assessment
aged receivables ledger, customer invoices, debtor contracts, credit notes, bank statements, BAS, management accounts.
Cash-flow structure for invoice finance
The practical benefit depends on eligible invoices, advance rates, reserves, fees and the time customers take to pay. Debtor concentration and disputes influence available funding.
A weekly cash-flow forecast can show wages, supplier payments, tax obligations, milestone receipts and the proposed finance repayment on the same timeline.
Contracts, progress claims and alternative documents
Head contractor agreements, signed customer contracts, purchase orders, aged receivables and milestone payment calendars can provide context for revenue timing and concentration.
Bank statements, BAS, management accounts and accountant-prepared information may support an application where completed annual financial statements do not yet show the current trading position.
Broker strategy
How we overcome common scenarios
Each scenario starts with the customer's goal, the available evidence and the lender policies that fit the complete application.
Scenario 1
Strong invoices with 45-day terms
Situation
The business completes work and waits more than a month for established customers to pay.
How X Lend approaches it
We analyse the ledger and compare facilities using realistic utilisation and fee assumptions.
Useful evidence
Aged receivables, invoices, customer terms and bank statements.
Scenario 2
One customer represents most revenue
Situation
A major debtor creates a high concentration in the ledger.
How X Lend approaches it
We identify providers with suitable concentration policy and show the counterparty history and contract strength.
Useful evidence
Debtor ledger, payment history, contract and dispute record.
Scenario 3
Construction progress claims
Situation
Invoices arise from certified stages under a head contract.
How X Lend approaches it
We review claim certification, set-off terms and eligibility before selecting an invoice-finance provider.
Useful evidence
Head contract, progress claims, payment schedules and ledger history.
Before you apply
Eligibility and documents
A complete application helps a lender assess the deal efficiently. Exact requirements vary, but most applications begin with the same core information.
What lenders assess
- Income, employment or business trading history
- Living expenses and existing credit commitments
- Credit history and recent applications
- The asset, purchase or purpose being financed
- Deposit, trade-in and requested loan term
What to have ready
- Driver licence or other identity documents
- Recent payslips or acceptable income evidence
- Bank statements when requested
- Invoice, listing or purchase details
- Business financial information for relevant applicants
Rates and repayments
Estimate the repayment, then compare the full cost
Use the calculator as a guide. Eligibility, fees and the rate offered depend on the lender, purpose and applicant.
Invoice Finance repayment calculator
Your estimated repayments
$0
per month
Total interest
$0
Total repayable
$0
This calculator provides an estimate using the entered rate, term and balloon. Lender assessment, fees and repayment timing determine the final figures.
Interest rate
The percentage charged on the outstanding balance. Fixed and variable options may be available.
Comparison rate
A standardised figure that includes the interest rate and most known fees for a set example loan.
Fees and conditions
Check establishment, monthly and early payout fees, plus any balloon or residual amount.
The four step approval process
- Step 01
Enquire
Send us a few details to start. We can usually explain the available pathway within a few hours.
- Step 02
We Find Your Lender
We compare your deal across 80+ lenders and match it to the ones most likely to approve it at the sharpest rate.
- Step 03
Lender Approval
We package and submit your application, negotiate the terms, and come back to you with a clear approval.
- Step 04
Settlement
We handle the paperwork, get your documents signed, and your loan settles, funds released to you or the seller.
Available structures
Choose a structure that fits the purchase
The same finance goal can produce different outcomes depending on the lender, term and structure.
Access eligible cash in days
Advance an eligible portion of an invoice soon after it is raised and bridge 30, 60 or 90-day customer terms.
Funding that grows with sales
The more you invoice, the more working capital you can unlock, it scales as you grow.
80+ lenders, one application
We compare specialist debtor finance lenders in one go for the best advance rate and fees.
Whole ledger or selective
Finance your entire debtor book or just pick the invoices you want to fund.
Confidential options
Keep the arrangement private so your customers deal with you exactly as they always have.
No new property security
The invoices themselves are the security, so your real estate stays out of it.
The basics
Unlock the cash that's stuck in your debtors.
Invoice finance arranged by X Lend. Compare 80+ lenders to unlock cash tied up in unpaid 30/60/90 day invoices, keep trading while you wait to get paid.
You've done the work and sent the invoice, now you're waiting 30, 60 or even 90 days to actually get paid, while wages, suppliers and tax won't wait. X Lend is a finance broker: we take one application and compare it across 80+ banks and nonbank lenders to turn those unpaid invoices into cash you can use today.
Invoice finance advances most of the value of an invoice as soon as you raise it, with the balance (less a fee) paid to you once your customer settles. It scales with your sales, so the more you invoice, the more working capital you can unlock, without taking on a traditional loan.
We match you to the right structure, whether that's financing your whole debtor ledger or selective invoices, confidential or disclosed. We keep the costs plain English and only lodge once you're ready.
Important to know.
Your customers never need to know. Confidential facilities let you collect payments exactly as you always have, and because the invoices themselves are the security, your real estate stays out of the arrangement entirely.
Before you decide
The benefit of moving now and the cost of waiting
A useful comparison considers both what the finance may make possible and what leaving the underlying need unresolved may continue to cost.
Pros
- Provide funding for suitable operating costs, growth opportunities or timing gaps.
- Keep more working capital available for wages, suppliers, tax and day to day expenses.
- Match the facility structure to the business purpose and expected cashflow cycle.
Cons
- Suitable projects or growth opportunities may be missed when funds are not available at the required time.
- Supplier, payroll or tax pressure can increase while customer receipts remain delayed.
- Using the business cash reserve can leave less capacity to absorb an unexpected expense or slow month.
Purchases and purposes
Who it suits.
If you invoice other businesses on terms, invoice finance can free the cash inside those invoices. It suits:
Wholesalers and distributors
Compare suitable lender options, rates, fees and conditions for this purpose.
Labour hire and recruitment firms
Compare suitable lender options, rates, fees and conditions for this purpose.
Manufacturers and importers
Compare suitable lender options, rates, fees and conditions for this purpose.
Transport and logistics operators
Compare suitable lender options, rates, fees and conditions for this purpose.
Trades and subcontractors on progress claims
Compare suitable lender options, rates, fees and conditions for this purpose.
Cleaning, security and facilities services
Compare suitable lender options, rates, fees and conditions for this purpose.
Fast growing businesses outrunning cashflow
Compare suitable lender options, rates, fees and conditions for this purpose.
Seasonal businesses with lumpy debtors
Compare suitable lender options, rates, fees and conditions for this purpose.
Broker insight
Your customers never need to know. Confidential facilities let you collect payments exactly as you always have, and because the invoices themselves are the security, your real estate stays out of the arrangement entirely.
Corey Marino
Founder & Finance Broker, FBAA member M-354085 · Diploma-qualified finance broker
Real people. Real results.
5.0“I was trying to get a loan for my dream car but was struggling getting approved with my bank but Corey was extremely helpful throughout the entire loan process. He followed up with multiple lenders, secured me a much better interest rate than my initial CommBank offer, and stayed persistent on my behalf. He kept me updated every step of the way, and I genuinely don’t think I would have been approved without his support. The customer service was very professional and friendly. Highly recommend to everyone”
“Corey helped me through the entire process of getting my dream family car! He was extremely prompt with his responses and had everything organised quickly and smoothly. I made a huge mistake by settling finance on the wrong car (a 5‑seater instead of a 7‑seater), but Corey was incredibly understanding and supportive. He contacted the dealership, lender, and even rearranged my insurance for me. He did all of this without ever making me feel like a hassle, even though I knew I was being a pain! Despite the setback, Corey stayed fast and efficient, kept me confident throughout the process, and managed to get everything cancelled and re‑approved for a higher amount so I could get my actual dream car. I highly recommend Corey. He speaks to you like a friend and genuinely has your best interests at heart. I already had quotes from Toyota Finance and Toyota Insurance, and Corey was able to get both significantly cheaper. Toyota Finance even reviewed Corey’s figures and confirmed they couldn’t beat them. I will never look to another finance company again.”
“My first experience with a broker, Corey made the whole process so smooth and simple and stress free. Communication was outstanding, he explained everything so I could understand what was happening as it was happening and kept me in the loop for the whole process, he was so kind and friendly and happy to answer any questions I had. He went above and beyond what I expected and has helped me greatly with his expertise. It was a fast process from start to finish and will definitely be using X lend for any future financial matters! Thanks Corey!”
“I can’t recommend Corey from X Lend highly enough. From the very first conversation, he was professional, transparent, and genuinely focused on finding the best outcome for me. Corey took the time to explain every step of the finance process in a way that was easy to understand, answered all my questions promptly, and never once made me feel rushed or pressured. I really appreciated how proactive he was, keeping me updated, following up with lenders, and making sure everything stayed on track. What really stood out was how hard he worked to secure a great deal. He compared multiple lenders, negotiated on my behalf, and ultimately achieved a rate and repayment structure that exceeded my expectations. The whole process of purchasing my car was smooth and stress‑free thanks to their expertise. If you’re looking for someone knowledgeable, reliable, and genuinely in your corner, I wouldn’t hesitate to recommend them. I’ll definitely be using their services again in the future :)”
“Super helpful, friendly and fast. Secured a bank loan beyond expectations and did all the tricky leg work. Definitely be using their services again. Corey was a legend!”
Questions Answered
Invoice Finance frequently asked questions
Straight answers to common questions before you compare finance or start an application.
We're a finance broker: we compare 80+ banks and nonbank lenders and place your invoice finance facility with the best fit.
Typically the lender advances most of an invoice's value upfront, with the remainder (less the fee) paid once your customer settles. The exact advance rate depends on your debtors and industry.
Not necessarily. Confidential facilities let you collect payments as usual so customers deal with you directly. Disclosed facilities are also available and sometimes cheaper.
No. Selective invoice finance lets you fund only the invoices you choose, while whole ledger facilities cover your entire debtor book. We match you to whichever suits.
Pricing is usually a small percentage of the invoice value plus a funding rate on the drawn amount. We compare the panel and explain the real cost so you can compare like for like.
Common examples include release cash from receivables, fund wages, pay suppliers, support growth, manage long customer terms. The exact lender pathway depends on the applicant, purpose, asset and documents.
Useful evidence can include aged receivables ledger, customer invoices, debtor contracts, credit notes, bank statements, BAS. X Lend confirms the documents required for the selected lender pathway before submission.
We define the funding goal, organise the available evidence, identify the policy issues and compare lenders whose criteria fit the complete application. The customer reviews the proposed pathway before a lender submission.
More about this finance option
More about invoice finance
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Reviewed by Corey MarinoFounder & Finance Broker, FBAA member M-354085 · Diploma-qualified finance broker
Important information
X Lend acts as a finance broker. Product availability, rates and approval depend on lender criteria and your circumstances. Consider the full terms before proceeding.