|
Business financing options that make use of customer invoices to help with business cash flow.
What is Invoice Discounting?
A company identifies specific invoices to the lender and the lender in turn assesses the invoices in order to determine how much money can be borrowed.
In the case where the lender approves of such invoices the business will then be able to draw a certain percentage against the value of the invoices.
The business will then forward the invoice to their client and the client will in turn repay the business enabling the business to pay back in full Invoice Discounting.
|
