Smart Money People Logo

Penny: Instant Invoice Advance reviews

4.50
Based on 55 reviews, last reviewed 11th Jul 2023
No new 5 star reviews
in the past 90 days
No new 1 star reviews
in the past 90 days
See only 5 star reviews
93%
See only 4 star reviews
2%
3 star
See only 3 star reviews
0%
2 star
See only 2 star reviews
0%
See only 1 star reviews
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 Team

5
Great Helpful Team, super supportive and easy to use Reviewed on: 3rd February 2021

For happiness

5
Enjoy from family me and my baby twins Reviewed on: 2nd February 2021

Extremely good solution!

5
Extremely good and helpfull company. they do exactly what it says on the tin! Reviewed on: 1st February 2021

Extremely good solution!

5
I have used penny for almost a year and have never had an issue. They do exactly what it says on the tin. And someone is always there to help when you need them! Reviewed on: 1st February 2021

Wonderful product

5
Penny Freedom offers a most welcome product which helps small and medium-size businesses like ours to succeed! Reviewed on: 1st February 2021

Essential service for small businesses

5
An amazing platform providing an essential tool to unlock cashflow for your business. Reviewed on: 1st February 2021

Best

5
I had a wonderful experience and they are very reliable. Reviewed on: 1st February 2021

Very handy cashflow tool

5
We work with insurance companies who are slow in paying. This is a big issue as we have to cover the rental payments for clients whilst waiting for their payments to clear. Penny is essential to the business by filling in those gaps between payments. Reviewed on: 31st January 2021

Saved my month

5
I needed to free up cash to pay suppliers and staff and using penny helped me achieve that! Reviewed on: 29th January 2021

Incredible service! Best financier available by far.

5
Invoice paid without any hassle. Will definitely use these guys again! Reviewed on: 29th January 2021