Invoice Financing

What is Invoice Financing and how can it help your business?

 Invoice financing, also known as accounts receivable financing, is a form of asset-based financing where business owners can leverage their unpaid invoices in exchange for an advance of capital. Typically, when utilizing invoice financing, your business can receive an advance of up to 85% of the value of your invoices.  You will then receive the remaining 15%, less any fees, when your invoices are paid.   

 Invoice financing is a great funding option for service-based businesses as it is often easier to qualify for than other types of small business loans, due to the invoices acting as collateral for the loan. It can help alleviate cash flow problems when your business experience’s unpaid or late payments from your customers on invoices.

Invoice Financing can also be known as Invoice Factoring and is a great way to manage cash flow in your business.