Can I Afford 60 or 90 Day Payment Terms? | Go-Factor
Yes. A customer can have 60 or 90-day payment terms without leaving your business waiting months for the cash. Invoice finance can release money from eligible unpaid B2B invoices shortly after they are raised, helping you pay wages, suppliers and operating costs while your customer keeps the payment terms it wants.
Go-Factor can obtain an indicative funding offer the same day and get funding in place in approximately one week. Fast. Flexible. Funding. Built around your business.
Say Yes to the Customer. Say No to a 90-Day Wait
Tell Go-Factor about the customer, the payment terms and the cash your business needs. We will start comparing suitable funding options today.
Request Your Same-Day Indicative Offer
Quick Answer
You can agree longer payment terms and use invoice finance to release cash from the invoice before the customer pays. The customer keeps its agreed terms while your business receives the working capital it needs much sooner.
Why Can Longer Payment Terms Cause a Problem?
Large customers often request 60 or 90-day terms. Agreeing can help win the order, secure a new contract or strengthen an important customer relationship.
But your own costs do not wait 90 days. Wages, fuel, stock, materials, rent, tax and suppliers may all need paying before the customer settles.
The problem is not necessarily the order. It is the gap between completing the work and receiving the money.
How Does Invoice Finance Solve the Gap?
You Complete the Work
Supply the goods or complete the agreed service for your business customer.
You Raise the Invoice
Raise the invoice with the customer’s agreed 60- or 90-day payment terms.
You Release the Cash
The invoice-finance provider releases an agreed percentage without waiting for the customer’s payment date.
When the customer pays, the remaining eligible balance is released after the agreed funding charges.
What Can the Released Cash Pay For?
- Weekly or monthly wages.
- Stock, materials and suppliers.
- Fuel, transport and operating costs.
- VAT, PAYE and other business commitments.
- Additional employees needed for a new contract.
- Further orders while the first customer invoice remains unpaid.
Can I Offer Better Terms to Win a New Customer?
Yes. Strong payment terms can help your business compete for larger customers and more valuable contracts.
Instead of turning down profitable work because the customer pays slowly, invoice finance can give your business the cash-flow support needed to accept the order and continue trading.
What If I Need Cash Before Raising the Invoice?
Invoice finance releases cash after completed work has been invoiced. If you need money beforehand to buy stock, materials, vehicles or equipment, Go-Factor can also consider trade finance, asset finance or another working-capital facility.
This means Go-Factor can examine the complete funding gap—not only the invoice at the end of it.
Go-Factor insight: A 90-day customer does not automatically mean your business must wait 90 days for its money. The right facility can allow you to offer competitive terms while protecting the cash needed to operate and grow.
Should I Approach Every Invoice Finance Provider?
No. Do not flood the market with the same enquiry. Different providers have different customer limits, sector preferences, funding structures and appetite.
Go-Factor presents the requirement properly, approaches a controlled shortlist for your specific needs and compares the amount of cash genuinely available thus limiting company searches and unnecessary calls.
Learn more about invoice finance for UK businesses .
Can You Afford to Give the Customer 60 or 90 Days?
Before turning down the order or placing your cash flow under pressure, speak to Go-Factor. We can obtain an indicative funding offer the same day and get funding in place in approximately one week.
Request Your Same-Day Indicative Offer
