Write a review

Penny: Instant Invoice Advance reviews

Name: Instant Invoice Advance
Rating: 4.76 (55 reviews)

View other Penny products

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

93%

3 star

2 star

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

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

Read all reviews See your review

About this product

Penny Instant Invoice Advance reviews (55)

Review of the Penny, Instant Invoice Advance:

Awful service, liars

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

Fantastic Service

Submit invoices at the end of each month on 60 day terms, money is in my bank by the next day. So easy to use. Reviewed on: 21st January 2021

Love Penny

I use Penny weekly for all my invoices, always processed incredibly quickly and the team are lovely to deal with Reviewed on: 21st January 2021

Fantastic service

Invoice was paid within 24 hours greatly increasing my business cash flow. Use them regularly now for all invoices! Reviewed on: 21st January 2021

Quick sign-up and excellent service

Signed up as I needed to free up cash quick. Went from registration to money in my pocket from the first invoice in 48 hours. Reviewed on: 21st January 2021

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account

News, guides and insight from our team

View resource hub