Invoice Financing
Invoice Financing is a financial solution that allows businesses to access cash quickly by using their unpaid invoices as collateral. Instead of waiting for customers to pay their bills, companies can receive a percentage of the invoice amount upfront from a financing provider. This helps improve cash flow and enables businesses to meet immediate expenses.
The process typically involves submitting invoices to a financing company, which then advances a portion of the invoice value. Once the customer pays the invoice, the financing company deducts its fees and returns the remaining amount to the business. This method can be beneficial for companies facing cash flow challenges.