Receivables & Invoice Finance for Exporters
By Matthew Handwork, Head of Structured Trade Finance, Impello Global · Last reviewed July 2026
Receivables finance turns unpaid invoices into immediate working capital — so exporters don't have to wait 30, 60, or 90 days to be paid before funding the next order. When those receivables are insured, the financing gets cheaper and the advance rate goes up.
Exporters routinely extend open-account terms to win business, then carry the cash-flow gap themselves. Receivables finance closes that gap by advancing funds against invoices you've already issued.
How receivables finance works
A funder advances a percentage of an invoice's value up front — commonly 80–90% — and releases the balance, less fees, when the buyer pays. You get cash now; the funder is repaid from the receivable. Structures range from single-invoice discounting to whole-ledger facilities.
Why insured invoices matter
Uninsured foreign receivables carry non-payment risk that funders price for — or decline. Credit insurance changes the math: an insured invoice is stronger, more predictable collateral, so lenders advance more, at better rates, against more of your buyers. This is where an independent broker adds real value — pairing the trade credit insurance with the financing so both work together.
Receivables finance vs. supply chain finance
Receivables finance is supplier-led — you finance your own outgoing invoices. Supply chain finance is buyer-led — a buyer finances its approved payables so its suppliers get paid early. Many trade relationships use both.
Who it fits
Exporters and B2B sellers on open-account terms who need to fund growth, smooth seasonal cash flow, or take on larger orders without waiting for payment — especially those selling into multiple or higher-risk markets where insured receivables meaningfully improve financing terms.
How Impello arranges it
We review your receivables, buyers, and markets, arrange financing matched to your book, and layer in credit protection where it lifts the advance rate or lowers cost — then manage limits and claims across the program.
Related: Trade credit insurance · Supply chain finance · What trade credit insurance costs
Frequently asked questions
What is receivables finance? Financing that advances cash against your unpaid invoices, so you don't wait for buyers to pay before funding the next order.
How much of an invoice can be financed? Typically 80–90% is advanced up front, with the balance (less fees) released when the buyer pays.
Does credit insurance help with receivables finance? Yes — insured receivables are stronger collateral, so funders usually advance more at better rates against more of your buyers.
How is it different from supply chain finance? Receivables finance is supplier-led (you finance your own invoices); supply chain finance is buyer-led (a buyer finances its payables so suppliers are paid early).
Talk to Impello
If waiting on export invoices is capping your growth, we arrange receivables finance and the insurance that makes it cheaper. Get started.