Invoice finance uses your sales invoices as assets against which money can be borrowed. There are two types of invoice finance: Factoring and Invoice Discounting. With Factoring the lender will manage your sales ledger and help with the collection of money owed to you. Discounting is usually offered to larger companies with in-house financial departments.
A best practice guide for credit control
Stay in control of your cash flow with our guide
7 top tips to keep cash in the bank
Get greater insight to make quick and informed business decisions