Using invoice finance to increase cash flow and raise money
Invoice finance can increase cash flow by raising capital that can be immediately reinvested in the business. When creating a sales invoice and sending it to a customer, please provide a copy to the invoice funder. After that, up to 90% of your bill will be paid immediately. The balance minus fees will be paid when the customer pays the invoice. Another big advantage is that you don't have to track your customers for payment. The invoice finance person will act for you. You don't have to wait 30 days, 60 days, or even 90 days or more for your invoice to be paid. Instead, you will receive a payment within 24-48 hours of billing. Effective cash on delivery for you while you continue to provide your customers with the credit terms you are accustomed to. How does Invoice Finance work? When you start incrementing your sales invoice and sending it to your customers, you simply provide a copy to the invoice funder who can instant...