CHOCCs made simple
Invoice finance is one of the easiest and most effective ways to get your working capital working harder for your business
A CHOCCS finance facility is a brilliant way to keep your business’s cashflow moving without losing touch with your customers. Short for “Client Handles Own Credit Control,” CHOCCS lets you tap into the cash tied up in unpaid invoices while you stay in charge of chasing payments.
It’s a bit like a mix of invoice factoring and discounting—your clients know a lender’s involved, but you handle all the payment follow-ups yourself
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With a CHOCCS facility, you can get up to 90% of an invoice’s value in your pocket, often within 24 hours of issuing it. This quick cash injection can cover things like paying suppliers, taking on new projects, or giving your business room to grow. It’s perfect for businesses that have a credit control team in place but still want the cashflow benefits of an invoice finance facility.
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This speedy cash boost can be used to pay suppliers, fund new projects, or help your business grow.
Regency offers a CHOCCs facility tailored to your business, letting you access funds fast. Our team works closely with you to make sure that the process is smooth and straightforward, so you can focus on running your business.
FAQs
We had a great opportunity to take on extra routes, but the upfront fuel and driver costs were huge. Our customers don’t always pay quickly, so without invoice finance from Regency, we’d have had to turn it down
Sarah, Ops Manager, Haulage Firm,
North West
Large corporate clients always take their time paying, but our suppliers need cash upfront. Invoice finance bridges the gap, letting us buy materials immediately, keep production on schedule and meet deadlines.
Paul, Director, Metal Fabrication business,
Midlands
Invoice finance from Regency keeps our projects moving without dipping into reserves. It’s helped us take on bigger jobs with confidence, knowing the money we’ve earned is available when we need it for wages and materials