Convert your invoices into cash long before the due date

Get up to $10m in 48 hours, all online.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
We finance:
$147 855.76
Cost per invoice:
1.43%
($142.95)*
*NB. Stenn’s fees depend on the amount of finance requested, payment terms, etc. The figures in this calculator based on 7.9% per annum plus the 3-Month Term SOFR rate are for illustrative purposes and do not constitute an offer.Actual funding limits will be set only after invoices are submitted and due diligence carried out. Read more in our Pricing Policy.
1

Sign up on Stenn.com and tell us about your company

2

Check your buyer and get a preliminary limit for a credit facility

3

Submit invoices and transport documents for financing

4

Get funded in 48 hours after the approval and signing 2 documents

invoice-financing-for-suppliers

Invoice financing for Suppliers

Invoice financing, also known as 'invoice factoring' or 'accounts receivable financing', is a form of financing based on outstanding invoices. It allows suppliers (exporters) to improve cash flow by receiving advances from a third-party finance provider against unpaid invoices.

Who Uses Invoice Financing?

Invoice factoring is incredibly accessible. Businesses of any size can benefit from invoice financing but the service is common in international trade where companies expanding into global markets are cautious about new Buyers that demand deferred payment terms for goods and services.

who-uses-invoice-financing
the-advantages-of-invoice-financing

The Advantages of Invoice Financing

Instant cash flow - some factoring companies can deposit funds within 48 hours of approval, meaning SMEs can be paid soon after the invoice has been issued rather than waiting for payment from the Buyer.

No collateral needed - the invoice finance loan uses the invoice itself as collateral and thus is not a risk to any other business assets.

No need to chase the Buyer - if the Exporter applies for non-recourse financing, the financier will own the invoice, chase late payment and suffer the loss if the invoice isn’t paid.

Sellers and buyers who has a shipped deal

Companies engaged in international and domestic trade

Only invoice and transport document needed

Why companies trust Stenn

We’ve funded companies
to a current total of:

$20 Billion

and are getting started

We're backed by financial giants like:

HSBC

Citi

and many others

Based in London, we are
one of the fastest-growing FinTech companies in Europe.

Financial Times 2023

Frequently Asked Questions

How it works: Get financed in 48h, all online

If you have any invoices waiting to be paid by your buyer you can convert them into cash even before the due date. Just upload your invoices and transport documents on the platform, get the approval, sign 2 documents and get the money in your bank account within 48 hours.

It’s called invoice financing, or factoring, or account receivable finance - there are many names for a simple financial service.

A turnover boost – no need to wait for deferred payments.

Instant coverage of urgent business needs – taxes, debts, salaries.

Funding when the bank can't support you (or you're over the limits).

Quickly finance the supply of raw materials for the next production cycle.

Suitable when you have a new buyer and need payment insurance.

No financials or collateral needed.

Almost any company

A Supplier company must be a legal entity that’s been in operation for at least 12 months.

It must sell consumer or professional goods (apparel, electronics, automotive parts, etc.) or provide a service such as software development or consulting.

The Supplier’s Buyer must be based in a different country. Stenn only finances
international trade.

The Supplier’s Buyer cannot be: in arrears, insolvent, in court, or a company affiliated to the Supplier.

Six benefits of Stenn financing

You as an importer...

Buy goods now and pay later.

Get better prices for better
trading terms.

Enjoy longer payment terms,
up to 120 days.

Onboard new suppliers on your
own terms.

Optimise your cash flow, reducing the number of operations.

Your supplier...

Receives 100% invoice payment*

Gets credit protection.

benefits-of-stenn-financing
*in two tranches and less any fees
Fees starting from 0.7% per invoice
Sum of invoice:
$1 000 000
Payment terms:
30 days
*NB. Stenn’s fees depend on the amount of finance requested, payment terms, etc.
The figures in this calculator based on 7.9% per annum plus the 3-Month Term SOFR rate are for illustrative purposes and do not constitute an offer.Actual funding limits will be set only after invoices are submitted and due diligence carried out.
*Read more in our Pricing Policy
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
We finance:
$147 855.76
*
Cost per invoice:
1.43%
($142.95)*
Apply for Finance
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
*NB. Stenn’s fees depend on the amount of finance requested, payment terms, etc. The figures in this calculator based on 7.9% per annum plus the 3-Month Term SOFR rate are for illustrative purposes and do not constitute an offer.Actual funding limits will be set only after invoices are submitted and due diligence carried out. Read more in our Pricing Policy.