For recruitment agencies, consultancies & labour marketplaces
An invoice finance service allows lenders to purchase unpaid invoices from businesses that need an advance on their payments. A business Invoice finance facility gives instant access to funds and reduces potential cash flow issues in exchange for a financing fee.
Simply put, invoice finance companies let you turn your unpaid invoices into cash. Instead of waiting weeks or even months to get paid, you receive up to 100% of your invoice value upfront. When compared to traditional credit options, an alternative invoice financier offers quick access to cashflow in lieu of your outstanding invoices.