Invoice financing

posted in: Finance | 0
Invoice finance is like a cash advance on your unpaid sales invoices. You'll get an advance as soon as you raise an invoice, even if it takes your customer much longer to actually pay. How does invoice finance work? Invoice finance technically isn't a loan. Instead, you sell an asset (your unpaid invoice) to a finance provider. They immediately pay you a large proportion of the invoice. Then, when your customer pays the full amount they'll pay you the remainder, minus any fees. There are two main types of invoice finance: Invoice discounting which generally works as described above. There

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