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Handle your credit control with our CHOCCs facility

Our Client Handles Own Credit Control (CHOCCs) facility gives you the control to manage your payments.

Streamline payment collections, strengthen customer relationships, and secure your cash flow.

Apply for CHOCCs
Of Businesses Supported
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Funded to clients
£ 0 M+
Year's of Experience
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Industries worked with
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What is CHOCCs?

CHOCCs (Client Handles Own Credit Control) is very similar to our invoice finance facilities. The only key difference is that the client handles their credit control process.

Think of it like this: You’re a small business, and you’ve sent out your invoices to your customers. You need the money from those invoices now. But there’s a 30 to 90-day wait on those invoices! Now you’ve got a gap in cash flow that needs filling ASAP.

CHOCC allows you to get paid by a funder, usually within 24 hours, of issuing those invoices. You then retain control of collecting payments from customers once they’re due

Apply For CHOCCs
Business consultant showing graph to business owners.

How Does CHOCCs Work?

CHOCCs is a simple way to get paid faster using your outstanding invoices.

You continue to interact directly with your customers for payments. Whilst we provide you with the upfront cash you need.

2.

invoices financed

You get paid instantly by us. We’ll provide up to 90% of the invoices value, usually within a few days.

1.

Issue Your Invoices

Send out your invoices for the products or services you’ve provided. These invoices specify when the payment is due.

3.

payment collection

When the customer pays the invoice, you’ll receive the remaining amount minus fees. You handle the entire collection process.

Two people exchanging cash for a receipt

what are the benefits of CHOCCs?

CHOCCs offer several benefits for businesses who want to handle their credit control process. Here are some of the benefits of CHOCCs:

Immediately Access Funds

CHOCCs bridge the gap between invoice issuing and payment. Instead of waiting for your clients to pay, you get the money within a matter of days.

Remove cash flow challenges

Because you handle collections, you maintain business relationships with your customers. 

Maintain customer relationships

With CHOCCs, you interact directly with your customers regarding payment. Customers dealing with you, not a finance company, can sometimes be more favourable.

Apollo Business Finance came to my rescue when I lost hope and ideas on how to fund my business activities. Their process was thorough but easy to follow. The team was very helpful and supportive throughout the process. I recommend them to anyone who needs assistance financially.
Ringson LangsonGoogle Review
As an SME owner, cash flow has always hindered our expansion and competitiveness. Transparent financial options are crucial, and Apollo, especially Angie and John, changed the game for us. With their support, we've exceeded our growth expectations. Apollo's family-like approach turned hurdles into smooth sailing. We highly recommend them to anyone seeking success.
Jordan StorerGoogle Review
I reached out to Apollo hoping they could provide a suitable financing option in relation to our business and the invoices we raised, which they did.The initial conversation was clear and concise and it was really getting it going where we saw the real value.It has helped the business grow to the next step allowing us to fund stock up front, but now we are really growing and we can't keep up now!The account manager assigned to us is amazing and always on hand to help with queries!Highly recommended if you want that personal touch
Joseph CheungGoogle Review
I found Apollo through an internet search after not having much luck with getting through to people that understood our business. Their sales director spoke to me within 5 minutes and listened to the need of the company. We had a facility set up in a timely fashion. We then were handed over to an account manager who supports the business every week and the service has been great. Would recommend.
Anthony KearnsGoogle Review
I have used factoring companies in the past, the so-called BIG ones, but none compare to Apollo Business Finance. From the first meeting it was all go go go, people who know what the customer needs to run their business professionally, nothing is too much trouble, any help required they have the answer and the staff to get the job done. I can only recommend that anyone looking into factoring look at Apollo first.
John YoungGoogle Review
We transferred 3 ledgers from another factoring company to Apollo Business Finance with no problems what so ever, staff are friendly and helpful and are accommodating to our needs. Our Client Manager Alison Almond is always available to assist with payment requests, invoice queries and any additional services we may require
Nick CharalambousGoogle Review

FAQs

We understand that you may have questions about our services.

Here are some of the most frequently asked questions to help you make an informed decision:

In CHOCCs, the business handles collections, while in invoice finance, the funder takes charge of collecting payments from customers. The choice depends on whether the business wants to handle collections or delegate this task to the finance company.

It’s suitable for businesses that have strong collection procedures and want to maintain direct customer relationships. Businesses with less effective collection processes may prefer invoice finance.