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Invoice discounting

Invoice discounting is a confidential facility that releases funds from your unpaid invoices. Instead of waiting to receive payment from your customers, you could have access to the cash within 24 hours* from the invoice being raised, helping to improve your company’s cashflow.

*timescales are dependent on the complexity of the application
  • Receive a cashflow boost by releasing funds from unpaid invoices
  • Confidential - your customers won’t know you’re using an invoice finance company
  • Flexible terms that can increase your funding alongside your turnover
Invoice discounting for SMEs
What is invoice finance?

How does invoice financing work?

As soon as your business raises an invoice, we’ll advance up to 95% of the invoice value. When your customer pays, we’ll then send you the remaining balance of the invoice minus any fees.

Learn more about Invoice Finance

About Paragon's Invoice Finance

  • Advances of up to 95% of the invoice value
  • Short notice contracts available
  • Provide invoice finance solutions for businesses across a range of sectors, including manufacturing, engineering, recruitment, print, haulage, courier and many more 
  • Flexible and simple fee structure, with no hidden fees
  • Access to fast and efficient legal recovery
  • New start businesses, MBOs/MBIs and turnaround transactions welcomed
  • Support of a dedicated credit controller
Why work with Paragon for invoice financing

Personal details

Company details

Additional information

Privacy : Details on your data protection rights and how your information will be used can be found here

UK Finance logo

Paragon are a proud Invoice Finance and Asset Based Lending member of UK Finance.

UK Finance is a voice for the banking and finance industry. The help to enhance competitiveness, support customers and facilitate innovation.

Unhappy with your current provider?

Now could be a good time to change

With over 18 years of experience in funding businesses, we know exactly how to get the best for our customers. In fact, our customer satisfaction survey confirms customers are very happy with the swap, rating us 4.7/5*.

*Source: Invoice Finance Customer Experience Survey, Paragon Business Finance, December 2020

Switcher's guide
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What we offer


Invoice factoring

Similar to invoice discounting but we'll manage the collection of payments for you.

Learn more


Similar to invoice factoring but you maintain responsibility for collecting payments.

Learn more

Customer protection

Customer protection is a service we offer to our invoice finance clients. Protecting business from losses.

Learn more

Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551