Invoice Finance – Easing Cashflow

Invoice Finance – Easing Cashflow, Fuelling Business Growth

Invoice financing is a service that enables businesses to release funds they have tied up in unpaid invoices. This process involves working with a third party company who advances money against outstanding debtor balances, thus easing cash flow issues. Good cash flow management is one of the most important priorities for any business. During recent economic difficulties it has become clear that it is possible for perfectly solvent companies to become unsustainable if cash flow becomes a problem. The effects poor cash flow has on a business A key factor in poor cash flow for businesses is compounded by the UK’s culture of late payment. Customers will leave their invoices unpaid for as long as possible to boost their own cash flow, which has a domino effect on businesses that need to pay the... »