My OperaBusinesses Should Utilize Invoice Finance
Wednesday, August 28, 2013 3:28:58 PM
Do your customers wait till the last day to pay you? This can cause you problems especially with your cash flow.
There are loans and overdrafts out there best suited to businesses to help them out when they are experiencing financial difficulty. The only problem with these forms of lending is they can take weeks if not months to be approved for and most business can't wait that long. This is where invoice finance can be of use.
This form of financing allows a business to raise money by selling their invoices at a discounted price of there actually value. This provides the company with instant working capital, which means they no longer have to wait up to 90 days for payment.
Invoice finance is great as businesses can choose when they want to use it and what invoices they want to use and they don’t have to sign into a contract.
There are no limits with this form of financing you can provide the lending company with 1 invoice of 100 its up to you. The company you decide to do business with will unusually provide you with around 85% of the total value of your invoices.
You will find more information in regards to invoice finance on the Internet if you need it or you can speak to an invoice finance specialist.
There are loans and overdrafts out there best suited to businesses to help them out when they are experiencing financial difficulty. The only problem with these forms of lending is they can take weeks if not months to be approved for and most business can't wait that long. This is where invoice finance can be of use.
This form of financing allows a business to raise money by selling their invoices at a discounted price of there actually value. This provides the company with instant working capital, which means they no longer have to wait up to 90 days for payment.
Invoice finance is great as businesses can choose when they want to use it and what invoices they want to use and they don’t have to sign into a contract.
There are no limits with this form of financing you can provide the lending company with 1 invoice of 100 its up to you. The company you decide to do business with will unusually provide you with around 85% of the total value of your invoices.
You will find more information in regards to invoice finance on the Internet if you need it or you can speak to an invoice finance specialist.
