Invoice Financing NZ
Unlock Cash from Unpaid Invoices
Waiting 30 to 90 days for customers to pay can put real pressure on cash flow. Invoice finance helps New Zealand businesses unlock funds tied up in unpaid invoices, so you can keep trading, pay suppliers, and cover day-to-day costs without waiting for customer payment terms.
Same Day Finance Ltd connects businesses in NZ with specialist providers of invoice finance. Submit your enquiry and we will introduce you to a lender who can review your situation and advise whether funding may be available.
Same Day Finance Ltd connects you with invoice finance providers. Submit your enquiry and we’ll introduce you to a lender who can review your situation quickly.
What is Invoice Financing
Invoice finance, also known as invoice factoring or debtor finance, allows a business to use unpaid invoices as security for funding. Instead of waiting for customers to pay, you can access an advance against the value of those invoices.
Some businesses searching for an invoice financing loan are actually looking for this type of facility. Rather than using property or other assets as security, the funding is linked to your receivables and debtor book.
Depending on the structure, your customers may pay the lender directly, or they may continue paying you as normal. In some arrangements, your clients may not be aware of your finance facility.
Main Types
Invoice Factoring
The lender often manages collections from your customers.
Invoice Finance / Discounting
You keep control of collections, using invoices as loan security.
Benefits of Invoice Financing for NZ Businesses
For many businesses, invoice financing for small businesses can be a practical way to improve working capital and smooth out cash flow.
- Access cash sooner instead of waiting on 30, 60, or 90 day invoices
- Use unpaid invoices as the basis for funding rather than traditional property security
- Funding can grow with your sales and debtor ledger
- Approval may depend heavily on the strength of your customers and invoice quality
- Helps businesses stay on top of wages, suppliers, tax, and operating costs
For small business owners in New Zealand, invoice finance can be especially useful when strong sales are being held back by slow-paying customers.
Invoice Finance Rates, Costs and Terms
Invoice finance rates and fees vary by lender and are always subject to individual assessment.
- An advance rate based on a high percentage of the invoice value
- A lender fee or discount fee calculated against the invoice or facility usage
- Service or administration fees, depending on the structure
- Repayment when your customer pays the invoice
- Minimum invoice values or minimum monthly turnover requirements with some providers
Businesses comparing invoice finance rates in NZ should look beyond the headline number and consider the full structure, including service fees, minimums, and how the facility will operate in practice.
Who Invoice Financing May Suit
Invoice finance may suit:
- NZ-registered businesses with business-to-business customers
- Companies issuing invoices on standard credit terms, such as 7 to 90 days
- Businesses with regular turnover and a stable debtor ledger
- Firms in industries such as wholesale, manufacturing, transport, labour hire, and distribution
- Businesses looking for invoice financing for small business cash flow support rather than long-term secured lending
Same Day Finance Ltd does not provide invoice finance directly. We refer businesses in New Zealand to specialist providers who can assess your invoices, customers, and trading position.
How the Process Works
Submit Your Enquiry
Tell us about your business and your unpaid invoices so the lender can assess whether invoice finance may be suitable.
Provide Your Documents
Approval time depends partly on how quickly your documents are supplied, including details about your debtor book.
Lender Reviews Your Application
The lender reviews your business, your debtor book, and the information provided before confirming whether they can proceed.
Approval Is Completed
Once approval is complete, the lender confirms eligible invoices and prepares the facility for funding.
Funds May Be Advanced
Some providers may be able to advance funds within 24 to 48 hours once approval is complete and eligible invoices have been received.
Invoice Financing FAQS
How fast can I get funds using invoice financing?
Some providers can advance funds within 24-48 hours of approval and receiving invoices.
Do my customers know I'm using invoice finance?
It depends on the structure. With factoring, customers are usually aware. With some invoice finance/discounting arrangements, they may not be.
Can startups use invoice financing?
Many providers prefer at least a few months of trading and an established customer base, but criteria vary by lender.
Will this impact my existing bank facilities?
It can, especially if your bank already has security over your debtor book. Always check with your existing bank and the new provider.