Penny Freedom, registered under Companies House number 11972051, is a UK business finance lender offering working capital loans and Invoice Finance solutions. Operating online at https://www.pennyfreedom.co.uk/, the provider (also known as Penny or Penny Freedom) delivers cash flow support tailored to small businesses and self-employed professionals across the United Kingdom. Operating as an independent commercial lender, Penny Freedom enables companies to access tied-up funds from unpaid invoices without relying on traditional long term bank loans.
Products Offered by Penny Freedom
Penny Freedom specialises in working capital loans and invoice finance solutions designed for commercial operations. Its primary funding products include on demand selective invoice finance, spot factoring, and confidential invoice discounting. Unlike whole ledger facility options that require businesses to commit their entire sales turnover, selective invoice finance and spot factoring allow business owners to fund specific unpaid B2B invoices as and when needed. Confidential invoice discounting allows companies to retain full control over their credit control and customer relationships while drawing funding against unpaid invoices silently.
Who Penny Freedom Suits
The services offered by Penny Freedom are structured specifically for UK sole traders and small to medium-sized enterprises (SMEs). It is suitable for business owners who need to release cash flow tied up in outstanding B2B invoices without entering into restrictive long term contracts or pledging their full sales ledger. Because Penny Freedom supports sole traders in addition to limited companies, it caters to smaller business operators who might otherwise struggle to meet rigid commercial funding requirements imposed by conventional high street financial institutions.
Eligibility and Deal Sizes
Penny Freedom provides funding facilities across a flexible range of deal sizes to accommodate different business requirements. The minimum deal size accepted is £500, making it accessible for smaller invoice amounts. Published information regarding maximum deal limits varies across the provider's platform, with published limits ranging between £200,000 on its eligibility help centre page to £500,000 on its spot invoice finance and partner pages. Pure B2B commercial invoice financing is generally an unregulated financial activity in the United Kingdom, meaning lenders operating solely in this sector do not require a Financial Conduct Authority (FCA) Firm Reference Number (FRN).
Summary of Penny Freedom Key Facts
| Feature | Details |
|---|---|
| Provider Name | Penny Freedom (also known as Penny) |
| Companies House Number | 11972051 |
| Provider Type | Lender |
| Finance Products | Selective invoice finance, spot factoring, confidential invoice discounting |
| Specialisms | Invoice finance and working capital loans; selective invoice finance |
| Minimum Deal Size | £500 |
| Maximum Deal Size | £200,000 to £500,000 (published limits vary) |
| Sole Traders Accepted | Yes |
| Access Channels | Broker, Direct, Partners |
| Website | https://www.pennyfreedom.co.uk/ |
How to Access Funding from Penny Freedom
Businesses looking to secure funding from Penny Freedom can access its products through multiple routes. Applications can be submitted directly via their website, through approved commercial partners, or via commercial finance brokers. Accessing facilities through an intermediary or finance broker can help business owners compare terms, evaluate eligibility requirements, and determine whether a selective invoice facility fits their ongoing working capital structure.
Compare Invoice Finance Options with SME Money
Finding the right working capital solution requires reviewing options across the wider market to ensure your business secures suitable terms and facility structures. SME Money connects UK businesses with specialist brokers who search over 70 lenders across the market to find the right funding without the bias of a single bank. Whether you are exploring spot factoring, confidential facilities, or broader Invoice Finance arrangements, working with an independent broker helps you compare alternative lenders alongside providers like Penny Freedom to secure effective cash flow support for your business.