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Fast and simple

Selective invoice finance

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What is selective invoice finance?

Flexible funds on a no-minimum-contract basis

When we say simple and flexible, we mean it.

Selective invoice finance from Growth Lending means you can advance up to 90% of your invoice value with no contract tie-in – simply pay on an invoice-by-invoice basis, as and when you need to use the facility.

Unlock the cash tied up in your unpaid invoices without the stress of managing or repaying a loan and without the commitment of a long term contract.

Why choose us for invoice finance?

Truly flexible

Use our facilities on an invoice-by-invoice, no contract basis

Transparent pricing

Fees from 0.85%, with no monthly minimum, termination or origination charges


No concentration limits – in fact, we specialise at funding invoices issued to large retailers

International vision

Well-established in the US but have plans for overseas expansion? We fund in USD, GBP and EUR across multiple jurisdictions

DRTY Drinks

Matija Pisk


DRTY Drinks

“We have been really impressed with the speed and professionalism of the team at Growth Lending and are excited to work with them further as they support DRTY’s plans for growth.”
Oxbridge Associates

Ben Funnell

Managing Director

Oxbridge Associates

“Growth Lending has provided us with a tailored solution that meets the differing needs of our businesses. The facilities will give us the necessary working capital to grow our business further, enhancing our buying and selling capacity and supporting our expansion plans.”
Jungle Creations

James Evans

Chief Operating and Financial Officer

Jungle Creations

“Growth Lending was able to tailor its offering to Jungle’s requirements. The team was also very knowledgable about our industry and the specific payment intricacies within it.”
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How does selective invoice finance work?

Your business has $100,000 tied up in payments owed from debtors, disrupting your cash flow and putting strain on the relationship with your own suppliers, who also appreciate prompt payment.

Fortunately, after quickly checking your eligibility, you find that your business qualifies for selective invoice finance from Growth Lending. After uploading your invoices to our simple-to-use platform, we are able to advance up to 90% of the total value of these invoices.

What is more, if you were to already have a facility with another US lender, we could work alongside them, simply providing the invoice finance to support your normal banking relationship.


73% SMEs experience late payments from their customers


67% of late payments are worth up to $60,000

33% SMEs experience late payments on at least a monthly basis

Apply now

Growth Lending funds a wide range of growing B2B firms. If that is you, let’s see how we could support your growth.



Our expert team works quickly to assess which funding solutions are the best fit for your business, with all decisions made by humans, not machines.



We know that growing businesses need to be agile, which is why we have a range of funding solutions to fit different business’ needs, as well as flexible processes designed with you in mind.



A strong track record of lending to fast-growing SMEs means we have a thorough understanding of the challenges you face and the support you will need to accelerate your growth journey.

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Invoice finance is when a lender utilizes an unpaid invoice as security for funding, giving you immediate access to a percentage of the invoice’s value. Many lenders provide funding against your whole sales ledger.

It releases capital enhancing your cash flow and enabling you to pay staff and suppliers, reinvest in operations and growth earlier than you would be able to if your cash remained tied up in late payments.

What is invoice finance?
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Selective invoice finance gives you the flexibility to fund individual invoices. Simply select the invoices you want to fund and decide when the funds are released, putting you in control of your cash flow for a low service fee.

What is selective invoice finance?
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Selective invoice finance is sometimes referred to as spot factoring, spot invoice finance or single invoice factoring, in reference to the flexibility of the facility.

In certain markets, these terms are associated with slightly different products, where spot factoring or single invoice factoring refer to the funding of specific individual invoices.

Our selective invoice finance product gives you the flexibility to fund whatever proportion of invoices you choose, freeing up working capital and retaining control of your cash flow.

What are other names for selective invoice finance?
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After you have completed our straightforward online onboarding process, we aim to respond with an indicative offer within 24 hours.

One of our lending experts will work with you to understand your cash flow requirements and get you onboarded in no time.

How does selective invoice finance work?
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With selective invoice finance, Growth Lending does not impose a minimum contract period or minimum income criteria and we do not restrict funding based on concentration, making our product more accessible than many similar options on the market.

The flexibility of selective invoice finance means that you can often access a greater advance rate than is usually offered, as you select the individual invoices or debtors to be financed.

It also gives you more control over your cash flow, as you can leverage individual invoices, or groups of invoices, depending on your working capital requirements.

What are the advantages of selective invoice finance?
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Traditionally, invoice factoring requires a business to sell its whole sales ledger to a third-party factoring company. This firm takes on the debt in its entirety, freeing up working capital for the business. With factoring, the lender usually becomes responsible for chasing debtors and recovering payments.

Invoice finance on the other hand, does not require the sale of a whole ledger, with payments advanced by the lender on an invoice-by-invoice basis. Working this way also means that you retain responsibility for debtor payments, keeping closer control of your cash flow.

What is the difference between selective invoice finance and invoice factoring?
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Your business must be registered in the US, UK or or other OECD countries on request, with B2B invoices of more than £10,000 and payment terms between 30 and 120 days.

How do I know if my business is eligible for selective invoice finance?
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With selective invoice finance, you retain complete control of your cash flow and are therefore responsible for recovering outstanding payments.

If my business receives funding from Growth Lending, who is responsible for chasing the invoice payment?
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