What is Small Business Invoice Factoring?
Invoice Factoring is a flexible financing solution for businesses looking to improve cash flow by releasing working capital from outstanding invoices.
You’re not having to wait the 30-90 days for payment from customers, which helps you continue to grow your business with the assurance you have access to your cash, fast.
You choose the invoices you want to sell, and for a fixed fee, you can receive funding within 24 hours of invoicing your customer.
If you trade with other commercial businesses where invoicing is done in arrears and with payment terms of up to 90 days of the invoice date, then invoice factoring could be a good option for growing your business.