Invoice Finance - How it Works
Step 1
You deliver the goods or services and invoice your customers as normal.
Step 2
You send us details of your invoices and credit notes electronically using Virtual Ledger Manager®.
Step 3
You check your available funds on a secure internet site and transfer what you need (up to 80% now and the rest when your customers pay).
Step 4
We deposit the funds you’ve requested overnight into your bank account and you use the money as normal, for example, to pay suppliers, wages and rent.
Step 5
You send out statements and collect all the debts as usual.
Step 6
When your customers pay, the deposits go straight into your MARAC invoice finance trust account. We email you a statement each day so you can update your records.