Invoice factoring involves selling your outstanding invoices to a third party at a discount. It might make sense if you need fast access to cash but can’t qualify for a business loan. Invoice ...
Invoice financing gives businesses an advance payment using unpaid invoices as collateral. When a customer pays an invoice, you repay the financing provider the amount advanced plus interest and fees.
Every month, an average midsized company may process over 1,000 invoices. That’s 1,000 opportunities to pay on time and maintain strong vendor relationships, or 1,000 chances for something to go wrong ...