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Penny: Instant Invoice Advance reviews

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

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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

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About this product

Penny Instant Invoice Advance reviews (55)

Review of the Penny, Instant Invoice Advance:

Great company, simple, smart and just what business needs

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

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

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

Modern, Smart and Easy to Use

Service was great from Penny, and the process was easy to understand. So helpful! Website's pretty cool too! Reviewed on: 12th July 2022

Great business throughout

When dealing with penny all the staff were very helpful and friendly from start to finish couldn’t recommend them more! Reviewed on: 12th July 2022

Quick as you like and reasonably priced

I needed to free up some cash for an unexpected bill. Penny agreed to buy an invoice I was waiting to be paid for and I had the money in my account the same day. Will definitely continue to use them. Reviewed on: 12th July 2022

Where were you all these years!

Dealt with the brilliant Bobbie, walked me through the process, by the end of the day I was a pro at raising invoices through Penny. So simple and transparent. Reviewed on: 12th July 2022

Value for money

The fee i pay for invoice financing is good. The company get my funds quickly transferred to my account Reviewed on: 12th July 2022

Fantastic Service

Penny have an extremely friendly team, easy to use and always there to help. cannot be faulted!! Customer service is A-class.... Reviewed on: 12th July 2022

Would you like some bad customer support?

I will share my experience with this company which i can guarantee is legit and not fake. Firstly, the company does not have even a FAQ page explain what they are doing and how they can help you. You have to find out yourself during this experience you will face a customer support being rude to you like they do a favour to you while they get a fee for their service. As a web development company owner, i will suggest to this financial service to improve their website by adding information on what they offer, and how their system work and apart from that when someone is trying to adapt his business to reach more customers to your model, being rude and not helpful is not the solution. If you like bad customer support, chat with them... Reviewed on: 16th September 2021

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

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