What is Invoice Finance?May 21, 2020
What is supplier invoice finance?May 21, 2020
- Firstly, ongoing facility to suit business need.
- Secondly, no property security required. PPSR Business security required
- Thirdly, the loan facility in business or company name
- Also, loan amounts provided to 80% of your invoice (lender conditions apply). Then once the invoice is paid the remaining 20% is provided minus fees/interest costs.
- Then, some lenders will allow factoring of invoices on an ad hoc basis; without the need for financing all invoices.
- Finally, settlement for invoice fiance can be achieved in 2 – 7 days, depending on the lender