Invoice finance
What is selective invoice finance?
By Chris Findlow · 21 July 2026
Selective invoice finance lets you fund only the invoices or customers you choose, rather than committing your whole sales ledger. You pay for what you use, which suits one-off cash needs, a single slow-paying customer, or businesses that do not want to sign up a whole-book facility.
Selective invoice finance is invoice finance without the whole-ledger commitment. Instead of funding your entire sales book, you pick the invoices, or the specific customers, you want to advance cash against, and you pay only for what you use.
It suits a few situations well:
- A one-off gap. You need cash now for a specific reason, not an ongoing facility.
- A single slow payer. One large customer on long terms is tying up your cash, while the rest of your ledger is fine.
- You want flexibility. You would rather dip in when it helps than run a full facility with minimum-usage commitments.
The rise of selective finance is one of the clearer trends we see. More businesses want to solve one specific cash problem and stop, rather than commit their whole ledger. In our own book it is one of the most-used invoice finance structures.
The trade-off is that pay-as-you-go convenience can price higher per invoice than a whole-book facility, so if you have a steady, ongoing gap across many customers, a full facility may work out better value. It is worth comparing both, which is what we do.
Written by
Chris Findlow
Director, FundingLinks
Director at FundingLinks with over 15 years across commercial lending, invoice finance and fintech partnerships, including senior leadership roles at Kriya. He works directly with SMEs to match them to the right lender across the whole market.
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