INVOICE FINANCE 

Invoice financing enables a business to borrow money against the amounts due from customers. Invoice financing can improve business cash flow, pay employees and creditors.

This is a useful tool to boost short term cash flow. You can release the capital required far quicker than if you had to wait until your customers paid their balances in full.

Businesses pay a percentage of the invoice amount to the lender as a fee for borrowing the money. Invoice financing can solve problems associated with customers taking a long time to pay as well as difficulties obtaining other types of business credit.

 

Fees are usually charged on a weekly or monthly basis, for releasing the cash to you.

 

Factoring charges are worked out on a percentage basis of the invoice value, typically ranging between 0.5 – 5%.