Is Invoice financing right for my business?
Invoice financing or invoice discounting is good for the ones who run a business and want to save time on administering your invoices and want to get access to the capital in your invoices as soon as possible.
When you sell invoices to a bank or invoice financing company, you often get the amount paid to you by the buyer within 24 hours and thus do not have to wait for the customer's payment. The buyer also takes over the administration and takes care of e.g. sending reminder invoices or debt collection claims.