Understanding your facility
A facility is an approved financing limit. After CashSouk approves it, you draw down by financing invoices against that limit. Open it from Financing > Facilities.
Credit facility and contract allocation
The facility page splits two limits.
Credit facility shows reusable credit:
- Left to draw — approved facility minus reserved and live financing. Repayment frees this credit so you can finance another invoice.
- Reserved — amounts committed to invoices that are not yet live. It appears only when a reserved amount is greater than zero.
- Utilised — live financing already drawn.
- Approved — the approved facility amount.
Contract allocation shows the one-time contract limit:
- Left on contract — contract value minus invoice face values already counted. Settlement does not return this allocation.
- Used and Contract value sit beside it.
Do not treat the two remaining figures as the same number. You can have Left to draw after a repayment and still have little Left on contract.
Finance an invoice
When the facility is approved and unblocked, Finance an invoice starts a new application that uses this facility.
The button is disabled when:
- the facility shows This facility is disabled and cannot be selected for a new drawdown
- an Upfront facility fee is still outstanding — Pay the upfront facility fee to start drawdowns
Pay the upfront amount on the same facility page. After it is paid, drawdowns unlock if the facility is enabled.
Related invoices and transactions
The facility page lists invoice counts, then a breakdown of approved invoices such as funding in progress, active notes, completed notes and unsuccessful raises.
Two tabs sit below:
- Related invoices — invoices financed under this facility.
- Transactions — facility events, including applications, offers and note milestones.
Use View application to return to the originating facility application.
What you will see after a drawdown
Each financed invoice reserves credit until listing fails or the note completes. A successful repayment increases Left to draw. Left on contract does not reset.
If usage ever appears above the approved limit, the page asks you to contact support.
Common questions
Why is Reserved not zero after I accepted an offer?
The invoice is occupying credit until it becomes live, fails to fund, or is otherwise released. That is expected.
Can I raise the facility from this page?
No. A facility amount is set on the approved offer. Ask the CashSouk team if you need a different limit.
Does a standalone invoice appear here?
No. Finance one invoice without a facility does not create a reusable facility. Those notes live under Financing > Invoices only.