*We will recommend the partner most suited to your business and on recommendation we will send their specific terms and conditions through.
In short, Invoice Finance is not a loan per se however it is secured against your invoices. As such, funds are provided against the value of your invoices and the amount you draw down is then repaid when your client makes a payment.
This enables you to manage the impact of late paying clients whilst allowing you to continue with ‘business as usual’. Some of the key benefits of invoice finance are:
You don’t have to draw down the total amount, you don’t have to draw down anything – but if you need to or you suddenly lose that big customer – the cash is there.
Sustaining your cash flow is the most important part of any business, even more so in a recovering economy.