Businessmen discussing the importance of invoice financing

Why Do Businesses Use Invoice Finance?

Video Transcript

Businesses can’t grow without access to cash, and many businesses have a significant amount of cash tied up in their unpaid invoices, in other words, their Accounts Receivable Ledger. Although this is an asset on their balance sheet, it is a non performing asset, because your Customers are using you as a bank for the credit period, that you’ve agreed. In other words, you’ve given your product or services to them for free, for the agreed credit period. Invoice Finance is a smart funding solution that allows business owners to take control of their own cash flow rather than being dictated to by their customers and their credit terms.

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