How To Use Invoice Financing
Business : Invoicing And Managing Finances It is a fact of life that some customers will pay very late and may even try to get away with not paying at all! Given this, what can you do to overcome the problem of not having the money that you are owed when you need it? Well one option that should be available to you with your business bank account is so-called invoice financing. This is where you are advanced cash from the bank against invoices that are approved and you can then have the cash to use when you need it rather than waiting for the money to come through. You can be advanced most of the money perhaps up to around 85% of the invoices and therefore will not be crippled through lack of funds due to slow paying customers. Speak to your bank for more details and to find out what invoice financing is available to you and your business.
Questions about invoicing:
|
|