Invoice finance allows you to release cash that is currently locked up in outstanding invoices. There are several SMEs and businesses that rely on their invoices to maintain a healthy cash flow, whether they are providing orders, consumer goods or offering a professional service. So rather than wait 30, 60 or 90 days for an invoice to be paid, Funding Invoice can provide up to 80% of the invoice value upfront within 48 hours of being approved.
By having access to your funds tied up in invoices, known as accounts receivables, you can use this finance effectively to maintain a healthy cash flow or improve working capital for things like staff, inventory and servicing new orders.
Invoice finance as an asset-based loan has been around for several years and has sometimes been associated with only being used by struggling businesses. However, this has changed in recent years where businesses have started to really unlock the power of invoice finance to fund their growth and take their business to the next level.
You are not required to sell your entire ledger of invoices and you may choose to use pay-as-you-go invoice finance where you provide an invoice as and when you see fit.
- Funding Invoice Ltd. Albert House 256-260 Old Street London EC1V 9DD
CEO at Funding Invoice Ltd.
Guildford, United Kingdom