FAQ
1
How do I know if my current invoice finance facility is right for my business?
If you've been with the same provider for a while, it's possible that your terms are no longer aligned with your growth. We help assess if your facility is still fit for your business's needs
2
What kinds of fees can you help identify?
Invoice finance arrangements often come with service fees, admin costs, and other hidden charges. Our process identifies areas where you may be overpaying.
3
How long does the assessment take?
Our initial process is swift—usually just a few days. After that, we provide you with clear, actionable recommendations.
4
Can you help me switch providers if needed?
Absolutely. If we find that another provider would better suit your business, we make the transition process smooth and simple.
5
What fees do you charge?
We charge two fees during the process; £595 to carry out all the work from our initial meeting, through to your decision to either move funders or stay where you are. We then charge a percentage of the facility/funding limit, based on the final terms of the funder you choose. Clear, transparent and fair.
6
How is IFCompare different from a commercial broker?
At IFCompare, we focus on what's best for your business — whether that means staying with your current lender or switching to a new one. Unlike commercial brokers, who often only earn when you move lenders, we provide impartial advice. Our goal is to ensure your facility is optimised for your needs, regardless of the outcome.