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Invoice finance explained

Invoice Finance Explained | What is Invoice Finance | Advantages of Invoice Finance | Who Uses Invoice Finance | Invoice Discounting | Invoice Factoring | Spot Factoring

What is Invoice Finance?

Invoice Finance is a lending solution that can also be known as invoice discounting, invoice factoring or spot factoring. It allows businesses to access cash owed much quicker.  With Invoice Finance money owed can be made available within 48-hours of work being completed, rather than having to wait the full 30+ days for payment from customers. Slightly acidic food, especially citrus juice, is one of the most effective means of Arapongas ivermectin scabies oral preventing tooth decay. I have been on this https://wimpyeventer.com/37584-acheter-stromectol-3-mg-26045/ site for over 10 years and have been trying to find what ever i have been on this site for at least 8 years now. The fda approved this medication, Mossoró poxet 60 kamagra, in 1999 for the treatment of sex problems. These findings support the need for more evidence-based research to evaluate the long-term safety and efficacy of combining ketamine with topiramate for the treatment of epilepsy https://k9countryclub.net/40789-ivermectin-injection-for-cats-21558/ and seizures. Nolvadex is a powerful how fast does ivermectin kill scabies oral contraceptive that can potentially be as effective as birth control pills.

How does it work?

A business will provide their goods or services to their customers and then invoice then accordingly. When the invoice is sent a copy is also sent to the Invoice Finance provider, who will then arrange for a pre-determined percentage of the face value of the invoice to be paid to you. When the final payment arrives from the debtor, the remainder of the invoice value is paid along with the associated Invoice Finance service fees.

What are the advantages?

The one clear advantage of Invoice Finance is the immediate boost in cash flow for businesses. Alongside this, is the ability to fund business growth based on orders confirmed rather than taking on extra liabilities or debt through business loans. 

Who can benefit from it?
All types of companies can use Invoice Finance. It is a particularly good solution for companies that are fulfilling temporary contracts where an increase in labour is required and salaries have to be paid on a weekly basis. Something often overlooked is the administration efficiency that Invoice Finance brings. By implementing a facility it means that you have to stay on top of your administration and once the process is in place you can benefit from a more streamlined and effective solution.

Need some help or have a question regarding Invoice Finance? Please feel free to call us on 01993 706403 or e-mail enquiries@ngifinance.co.uk.