Invoice Finance
If your business could benefit from improving its cashflow then invoice finance could be the solution. More commonly known as factoring and invoice discounting, it releases the cash tied up in your invoices which are not due for payment for 30 days, 60 days or even longer.
Invoice Discounting is a funding only solution. Usually confidential, it leaves the credit management to you. This too can include bad debt protection.
Both products can give you up to 90% of your outstanding invoice value within 24 hours of the work being completed or goods delivered, with the remainder being repaid to you when your customer has paid. This gives you the ability to order more supplies, pay your staff or invest in equipment for your business sooner
