How to apply for a INVOICE FINANCE
Invoice finance is a facility to help business owners leverage their unpaid invoices giving them an instant cash injection into the business. It enables business owners to release up to 90% of the invoice value.
On payment of the invoice by the business’ customer, the lender will release the final amount minus any fees and charges.
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Benefits of Invoice Finance
Quick cash
Invoice finance is a method for raising cash quickly for your business. It can be made available as soon as an invoice is issued and can be used to help grow your business.
No risk to assets
Invoice financing is an unsecured business loan in place of your invoices, you won’t have to offer up physical assets from your company as security.
Easy to forecast
While using an invoice finance facility, you can expect a steady influx of cash with the reduced risk of late payments or defaulted invoices
It is important to remember that Invoice finance options are only available if your business is a B2B, your customers will need to be other businesses, not the general public.