MULTIQUOTE PARTNERS WITH TRIVER FOR CASH FLOW FINANCING
Working in partnership with TRIVER helps us solve one of our clients’ most common challenges. Public sector contracts can be transformative for many small businesses but delivering at scale can squeeze working capital. TRIVER is fast and easy to use and solves the funding gap. It’s a win-win.
TACKLE CASH FLOW CHALLENGES
Turn your receivable invoices into cash in a click
Waiting for public sector or other invoices to be paid can slow you down. TRIVER helps you get paid for your receivable invoices instantly, giving you the capital to grow your business and take charge of your cash flow. Open a FREE TRIVER facility and advance your first invoice in minutes.
TACKLE CASH FLOW CHALLENGES
Turn your receivable invoices into cash in a click
Waiting for public sector or other invoices to be paid can slow you down. TRIVER helps you get paid for your receivable invoices instantly, giving you the capital to grow your business and take charge of your cash flow. Open a FREE TRIVER facility and advance your first invoice in minutes.
WHY CHOOSE THIS SOLUTION?
Fast
Open a facility and advance invoices in minutes
Simple
No personal guarantee, no securities, no paperwork
Flexible
Large facility that grows with your business
Fair
One simple fee per transaction, no hidden fees
MultiQuote Elcom has chosen TRIVER because of their proven track record in helping businesses like yours
WHY CHOOSE THIS SOLUTION?
Fast
Open a facility and advance invoices in minutes
Simple
No personal guarantee, no securities, no paperwork
Flexible
Large facility that grows with your business
Fair
One simple fee per transaction, no hidden fees
MultiQuote Elcom has chosen TRIVER because of their proven track record in helping businesses like yours
HOW DOES IT WORK?
OPEN
Open your TRIVER facility online in a few minutes
UPLOAD
Upload a client invoice you wish to turn into cash flow
RECEIVE
Get funds instantly transferred to your business bank account
REPAY
When your client pays you, repay TRIVER by direct debit
RE-USE
Re-use the facility whenever you want. Upload more invoices
HOW MUCH DOES IT COST?
Your TRIVER facility only costs for what you use. You are charged a simple discount fee per transaction, calculated based on your daily rate applied on the value of the invoice – for instance 0.06% daily, i.e. 1.8% for a 30-day invoice.
There is no setup fee, no interest, no prepayment fee. The facility is entirely FREE when you don’t use it, and you can stop using it at any time.
Your TRIVER facility only costs for what you use. You are charged a simple discount fee per transaction, calculated based on your daily rate applied on the value of the invoice – for instance 0.06% daily, i.e. 1.8% for a 30-day invoice.
There is no setup fee, no interest, no prepayment fee. The facility is entirely FREE when you don’t use it, and you can stop using it at any time.
WHAT OTHER USERS SAY
I found the process to open a facility and fund invoices with TRIVER extremely easy. I usually don’t have much time to deal with administrative matters and this is so much better than my bank or other lenders I was using!
Is this it? wow, it’s way cheaper than an overdraft. This is great!
“In my business, cash management can often be stressful. I need to pay my staff weekly, but my large clients take weeks to pay and are often late. With TRIVER I finally get the peace of mind of knowing that I can deal with unforeseen events and keep everybody paid on time”
Managing my business finances is very important and I want to make sure I am making the right choices. I talked to the customer service and Chris was brilliant explaining me how the product works and how much it costs. They have also been helpful with resolving any technical issue very fast
In terms of getting the job done, absolutely great! Quick and easy to upload the invoices. It has been brilliant. I’d absolutely 100% recommend
WHAT OTHER USERS SAY
“In my business, cash management can often be stressful. I need to pay my staff weekly, but my large clients take weeks to pay and are often late. With TRIVER I finally get the peace of mind of knowing that I can deal with unforeseen events and keep everybody paid on time”
I found the process to open a facility and fund invoices with TRIVER extremely easy. I usually don’t have much time to deal with administrative matters and this is so much better than my bank or other lenders I was using!
Managing my business finances is very important and I want to make sure I am making the right choices. I talked to the customer service and Chris was brilliant explaining me how the product works and how much it costs. They have also been helpful with resolving any technical issue very fast
Is this it? wow, it’s way cheaper than an overdraft. This is great!
In terms of getting the job done, absolutely great! Quick and easy to upload the invoices. It has been brilliant. I’d absolutely 100% recommend
FREQUENTLY ASKED QUESTIONS
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.
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.
You can advance as many invoices as you want between £1,000 – £100,000, up to your facility limit.
Commercial invoices in Pound Sterling, made to UK companies or public sector entities (not to consumers or sole-traders) registered in the UK, that have payment terms of 10 days or more.
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.
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.
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.
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.
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. 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.
NEED HELP? CHAT WITH US!
If you have any questions or need assistance, our customer support team is here to help. Just click the floating button on the right hand-side to start a live chat.