While growing in popularity, invoice finance is still a scary prospect for the uninitiated. Most businesses will not qualify for confidential invoice finance, meaning that it is likely that your customers will know you are receiving cashflow funding. So why would you want to still go ahead if your customers are going to know about how you are funding your business?
Playing with the big boys – coping with 90-day credit terms by using invoice finance
We are a nation of small businesses, and for a lot of us we leave the big companies to do business with each other. While there’s great money to be made doing business with large corporates, the credit terms that they require you to offer (sometimes 90 days!) can make a deal less attractive. But what if you could sign that contract, knowing that the 90-day credit terms weren’t going to hurt you?