The new Fair Payment Code, introduced by the UK government in January 2025, is designed to tackle the longstanding issue of late payments, particularly benefiting small businesses.
How will the new Fair Payment Code impact large companies
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Invoice Finance / Factoring
Invoice finance (sometimes called factoring or invoice discounting) helps you unlock cash tied up in unpaid invoices. Instead of waiting many days for clients to pay, a lender gives you most of the invoice value upfront.
Cash Flow Challenges and Late Payments
Many UK businesses struggle with cash flow due to late customer payments, with studies indicating that 58% to 87% face such issues Barclays.
How Can I Unlock Cash in Hours to Grow My Business Growth When My Credit Score Is Low?
Unlock cash and get the funds you need to grow your business effortlessly. With this financing option, you can fulfill orders, issue invoices, and receive payment in as little as 48 hours.