Solving Business Cash Flow Problems
Many smaller businesses battle with the lack of working capital and run in to cash flow problems at some point.
That is where invoice discounting can assist your business to get instant working capital to cover the cost of stock, staff salaries or running costs, while you are waiting for your debtors to pay your invoice.
Invoice Discounting can be used for the following:
- Early settlement discounts
- Expansion growth capital
- Unforeseen business expenditure
The benefits of invoice discounting include amongst others:
- Assisting with turnover growth management
- Funding of new product/service offerings
- Adequate working capital management
- Does not require collateral/security because it is not a loan
Invoice discounting is appropriate for re-investing in the business