We have had a relationship with Penny for over 12 months and have had several transactions in that time. Communication has been efficient and clear with funds always paid across in a timely manner.... See more
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I dealt with Tyler Blair and he has been absolutely amazing from start to finish. I had my first contact with Tyler at 2pm on Tuesday and the funds were in my bank by midday Friday. That... See more
Poor 'computer says no' service with absolutely no empathy shown by their staff. Every call was answered in an unprofessional, generally unenthusiastic manner by staff who clearly don't want to be the... See more
Found Penny Freedom online and opened an account within minutes was in need of advancing invoices due to wages, in very short time my account manager Natalia went to every great lengths to achieve thi... See more
Company details
Written by the company
Penny is a cash advance facility that allows businesses to exchange their invoices for instant funds.
Contact info
Penny Limited, Archibald House, 50 - 56 Wykes Bishop Street, IP3 0DT, Ipswich, United Kingdom
- 020 8017 2362
- hello@pennyfreedom.co.uk
- www.pennyfreedom.co.uk
No recent history of asking for reviews
This company hasn't invited customers recently, so reviews may not be representative
Replied to 100% of negative reviews
Typically takes over 1 month to reply
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I recommend them 100%.
We have been working with Penny since 2022. Penny has been very helpful to our business. They are very helpful and extremely quick at paying out! Lauren Pearce who I deal with couldn't be more helpful. I recommend them 100%.

Reply from Penny
Friendly Efficient Service
We have been working with Penny since September 2022. Our account manager Lauren Pearce keeps our relationship running smoothly with professional yet friendly communication. Our experience is that the company does for us what it is asked to do, and we have found we work well together.

Reply from Penny
I am a small company and Penny finance…
I am a small company and Penny finance really helps me with my cash flow. You can pick and choose which invoice you put through them and they are very client friendly. Lauren who I deal with couldn't be more helpful. I recomend them 100%.
Mark Francis

Reply from Penny
Since the beginning I have had loads of…
Since the beginning I have had loads of amazing support even with customers being difficult at times nothing but professionalism from Lauren Pearce at Penny highly recommend

Reply from Penny
Can not thank penny and especially…
Can not thank penny and especially Hollie enough for the help with my invoice finance, great communication and assistance from the start.
Kind Regards Simon
Foreman Steel Services

Reply from Penny
Honestly
Honestly, pretty disappointed.
I had high hopes for Penny as they came as a recommendation. But is heavily let down by poor communication, a lack of transparency and an unclear process.
The experience I had with them would not have been a negative should they have just communicated properly with me and actually told me what was going on. Reckless customer service.

Reply from Penny
Penny has been very helpful to our…
Penny has been very helpful to our business (Sky High Staffing Limited) in paying our invoices on time. Penny is a game changer.
Lauren Pearce is our dedicated account manager and she is very professional and helpful. Thank you Lauren for the support.
Lauren Spring our Strategic Business Manager set the ball running when we first came into contact with her. She helps us with the account setting up and resolves any queries we have without delay.
THANK YOU PENNY

Reply from Penny
Amazing service
I was dubious about penny but absoutley 10/10 customer service from start to finish, We were let down by a client and raised an invoice with our other client at 11am and paid 3:30 into my bank the same day! Outstanding work from Mia, looking forward to the continued relationship.
Penny freedom are a great company to…
Penny freedom are a great company to use, we use them on a weekly basis and it helps us with cashflow, i would highly reccomend using penny to any small business, our account is looked after by Lauren and she is amazing, nothing is too much trouble and she is always available to answer any questions or help with any issues we have.

Reply from Penny
Fast service
Fast service, great company and so easy to Invoice, great friendly service from penny freedom. Great communication at all times especially from Lauren 😃

Reply from Penny
Working with Mia was a great experience…
Working with Mia was a great experience of Customer Service at it's best. Despite a difficult to contact client (because of holidays), Mia kept me upto date with the process. Will certainly use Penny again, if this is the standard of service I will receive each time.

Reply from Penny
the whole penny team is great…
the whole penny team is great especially Mia and Lauren, they are both great helps and we are happy to be working with them.
I work with Lauren Pearce i must say…
I work with Lauren Pearce i must say service is fantastic. On days and weeks we have trouble with Payroll its takes less than 5 minutes for Lauren team to contact our clients and we get payment same day.
Thanks a lot Lauren for your .understanding goes a long way !
Lauren also good with chaser emails!
I must also say thank you to Kate Pierce over 2 years same great service !
God bless all
Thanks a lot

Reply from Penny
Effortless
We were relatively new to the process and how it worked but following sign up, Mia made our experience effortless and smooth. Her expertise and guidance were greatly appreciated and we'll be sure to continue using this service in future!

Reply from Penny
My experience with Hollie at penny…
My experience with Hollie at penny finance was incredible.
We are a small electrical company that’s moved from mainly domestic work to commercial.
The issue being domestic work pays instantly ware as commercial work can take upwards of 90 days. This severely inhibits our cash flow but with the help of Penny finance we have been able to move forward. Easy to set up and the fees are liveable with.
Again, Hollie thank you so much for holding our hands and making this possible for us.
Colin.

Reply from Penny
We have been using Penny for nearly 10…
We have been using Penny for nearly 10 months now and love the friendly personal service that we get. Lauren Pearce is our go to, and a real credit to the Penny team.

Reply from Penny
My experience with penny is second to…
My experience with penny is second to none! Mia helped me throughout the day and get the invoice finalised in the time I needed. Hassle free and lovely to speak to
attempted to charge me 10% on the…
attempted to charge me 10% on the invoice as a fee, couldn't get there insurance to play ball so declined to offer service. When I called to ask how they come to the conclusion of why some are charged 3% and others 10% (inc vat) they couldn't answer. They're insured against every pay out which creates ethicise questions to why they don't have a set fee for all.
I can see on other pages they have a lot of good reviews from sites that can be manipulated most good reviews are ones from individuals on new accounts with 1 review so wouldn't believe a word.
go to a bank who will take slightly longer but at least you know they have the money and won't rip you off.
Horrendous customer service
Shocking experience, nothing made clear about the requirements for drawing from customers.
Was denied a drawing for the customer not having an online presence 🤷♂️
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