Invoice Financing – Increases Cash Flow Using Your Unpaid Invoices

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Invoice Financing – Increases Cash Flow Using Your Unpaid Invoices

Invoice Financing –  Increases Cash Flow Using Your Unpaid Invoices

You have a business and your debtors take 30-60 days to pay. It’s not unusual as all the figures in collections show an average of 55 days. This cash is yours, but you don’t get it until your clients pay.

Your cash flow is on hold as these clients are using your firm as a bank. How can you grow your business with little money or cash flow to get those new clients?

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How Does Invoice Discounting Work

factoring funding

How Does Invoice Discounting Work

How Does Invoice Discounting Work

Hence how does Invoice Discounting work is a common question. Discounting is a term commonly used in Banks, larger Factoring firms for clients with a turnover over 3-4 million a year. Invoice Discounting is funding of your debtor list. It is lending 80-90% of outstanding invoices on a day to day basis.

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How To Increase More Stock with Invoice Finance

importers use factoring

Importers use Factoring

More stock with Factoring.

Often clients call up for stock finance. This product is extremely hard to ascertain. However, if your business a sound foundation. For example two years financials, strong accounting documentation, and the directors have assets. Traditional lenders will offer you a product. Failing to have these, then your chances diminish greatly. Continue reading