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Penny: Instant Invoice Advance reviews

4.50
Based on 55 reviews, last reviewed 11th Jul 2023
No new 5 star reviews
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No new 1 star reviews
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93%
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2%
3 star
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2 star
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5%

Latest highest rating:

4

Quick and Easy This is a fantastic service and I was paid quickly with no issues. Just wish they were open at the weekend! Reviewed on: 12th July 2022
Craig Belshaw's avatar
Craig Belshaw

Latest lowest rating:

1

Rip off They're asking for 7.8% for 30 days that works out at 93.4% PA :)))). this is a joke. Do not use this service. Reviewed on: 11th July 2023
Alex Aron's avatar
Alex Aron

About this product

Penny Instant Invoice Advance reviews (55)

Review of the Penny, Instant Invoice Advance:

Awful service, liars

1
All the guys at Penny are not helpful in the Slightest. i put through 3 invoices, all approved at a 5% cut, then all of a sudden there system was down so they couldn't honor the 5% and it jumped to 14.8%, which i accepted, then they couldn't process these. Dom, Sam, Paul - telling me they've left voicemails, emails, messages, telling me invoices are approved when they're not, leaving it till the last day to tell me certain things. waiting 3 weeks for an answer, system been 'Updating' for three weeks. 100% free first invoice, not true, told me it was all approved going into my account, i rung the next morning and they're not offering the 100% deal anymore. First time i used them, it took almost 2 weeks for the first payment to come through - meant to be within 24 hours. Second time, 3 weeks before they told me they couldn't process any invoices. May as well wait out the payment terms from your original client. They will tell you they will ring you back, but unless you chase for days and days you wont hear from them. Very likely they do NOT have the cash to fund the invoices and make every excuse going. DO NOT USE THESE GUYS if you're banking on having the money paid early. Very, very disappointing service. Reviewed on: 16th April 2021

Great company

5
Really helpful service that provides a very important service for a lot of freelancers! Reviewed on: 9th February 2021

Great service with a very professional team.

5
I used Penny on a couple of occasions where I needed my invoice to be paid asap. The service was easy to use and the team really helpful. Reviewed on: 5th February 2021

Great service

5
Outstanding support provided by the Penny team, I would recommend them to any business owners! Reviewed on: 5th February 2021

Great company, simple, smart and just what business needs

5
Penny solves a real problem by helping with cashflow - vital for small businesses in these times. The team are always helpful, friendly and responsive. Reviewed on: 5th February 2021

Excellent

5
Efficient and easy to use. Would recommend. Reviewed on: 4th February 2021

Fantastic service

5
As a consultant I sometimes find clients can be slow to pay which in a pandemic is challenging. The speed of payment and flexibility that Penny provides gives me that reassurance. Would highly recommend! Reviewed on: 3rd February 2021

Brilliant service

5
Would definitely recommend! Received great service from a really helpful and friendly team! Reviewed on: 3rd February 2021

First time user, extremely impressed

5
First time using Penny, fantastic service from start to finish and extremely easy to use tech. Will definitely be using again in the future. Reviewed on: 3rd February 2021

Brilliant service

5
Great company. Seamless service. Reviewed on: 3rd February 2021

Efficient service

5
Great efficient service by friendly approachable people. Would definitely recommend them. Reviewed on: 3rd February 2021