Hydr

Who is Hydr?

Trading from May 2021, Hydr is a Manchester-based startup that has fast become a leading provider of invoice finance in the UK. Featured by The Fintech Times and Pymnts, amongst others, the financing company aims to bridge the gap left by unpaid invoices, which can negatively impact any business's cash flow.

What funding does Hydr offer?

Hydr specialises in invoice finance, offering borrowers 100% of the unpaid invoice fee in as little as 24 hours. This helps businesses release cash quickly instead of waiting for the invoice payment period (i.e. 30, 60, 90 days or longer).

They operate on a fixed fee basis, so if your unpaid invoice totals £5,000 and your invoice repayment period is 30 days, you could pay a fixed fee of £177.50 and receive £4,822.50 within just one day.

Am I eligible for Hydr invoice finance?

To meet the Hydr finance eligibility criteria, your business must:

• Be UK-registered and offer products or services to other businesses (B2B)
• Have been trading for at least one year
• You should use at least one of the following accounting software: Xero, QuickBooks, FreeAgent, KashFlow, or Sage200 Business Cloud.

How can I compare invoice finance?

We built our loan comparison tool to help business owners quickly and easily find and compare loan products, such as invoice finance.

Use our self-serve platform to find eligible loan products and instantly compare total repayable, interest and more. You're not obligated to accept any offer, and getting a quote won't affect your credit score.

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