All things invoice finance: unlocking the power of your receivables
Invoice finance is a type of financing that allows businesses to unlock the value of their unpaid invoices. It’s simple, quick and easy to apply for and can be used by any UK business. This guide explains what invoice finance is, how it works, who can benefit from it, how much you can borrow and more. What exactly is invoice financing? Invoice finance is a type of funding in which you can use money owed by customers as collateral to get early access to a significant percentage of those funds from a third party financier. It is a flexible financing option that can provide your company with quick cash flow and help you manage your working capital. Who is invoice finance for? Invoice finance is a flexible financing option that can benefit many different types of businesses. It has particular appeal for those in the manufacturing, construction and service sectors. A wide range of businesses can benefit from invoice financing, including those that are: -Building their business wi...