FREQUENTLY ASKED QUESTIONS

Invoice discounting is way to generate instant cash flow from your client invoices by advancing their payment instead of taking new debts. Unlike invoice factoring, you can select the invoices you wish to advance and the use of the facility is invisible to your clients.

TRIVER offers cash flow financing to small businesses, leveraging unpaid client invoices. This service is called invoice discounting. Your TRIVER facility enables you to advance invoices whenever needed, up to the facility limit, and you only pay for what you use.

If your client is going to pay you later than originally agreed, you can request a repayment extension. When approved, your direct debit is rescheduled to a later date and the cost of the transaction is adjusted accordingly. You can extend it up to a maximum of 120 days from the original date of the invoice funding.

Yes, you can make an early repayment to TRIVER if your client pays you early. The cost of the transaction will be adjusted accordingly. You only pay for what you use, there is no early repayment fee.

Your repayment to TRIVER is collected via a one-off direct debit scheduled a few days after your invoice due date, providing you time to receive payments from your client. We will give you advance notice before your repayment is collected. ​
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No. Directors’ credit scores are not impacted. There will only be a ‘soft’ search on the applicant Director’s credit file that does not leave a mark on their credit records.

As part of assessing your application for opening a facility with TRIVER, we ask credit reference agencies for your company’s credit data. This data request is called a ‘soft search’. Soft searches are only visible to you and the credit reference agency. They are not visible to other lenders and don’t affect your company’s credit score. A ‘standard’ search, also known as ‘hard’ search, that gets registered in your credit file is only performed once you have received and accepted an offer from TRIVER.

No paperwork, no personal guarantees. We only need your company name, the applying Director’s details and your permission for a read-only connection to your business bank account via Open Banking.

Commercial invoices in Sterling Pound made to companies (not to consumer or sole-trader) registered in the UK that have payment terms of 10 days or more.​

You can advance as many invoices as you want between £1,000 – £100,000, up to your facility limit.