Are you living 'invoice to invoice'?
This might not apply to your business, but if it does - I'm really keen to hear from you.
So let me ask, are you slowly noticing your clients taking longer to pay their invoices?
Whether it's a day or two or a week later, slower payments can make it hard to manage cash flow, making keeping up with everyday expenses a massive problem.
Now, imagine if one of or several of those invoices never get paid, and you're hit with a big chunk of bad debt - could you survive? With economic uncertainty across many industries, this is a genuine, real concern.
If you're living 'invoice to invoice', what can you do to improve your cash flow and safeguard your business against this kind of bad debt? The answer: Invoice Finance.
Three reasons why your business needs invoice finance
Invoice financing allows you to quickly access the money your customers owe you. Instead of waiting 30, 60, or even 90 days for payment, you can receive a portion of the invoice amount upfront, often on the same day.
- It improves cash flow: By accessing the funds you're owed more quickly, you can manage your cash flow more effectively and avoid the financial stress of late payments. We have lenders who can release funds in 24 hours.
- It saves time: Invoice financing eliminates the need to chase down late payments, freeing up time and resources for you to focus on growing your business without the stress.
- It's dead simple: Invoice financing is often easier to apply for than traditional loans, even if you don't have the best credit - as your invoice *is* the collateral. Pick the invoices you want to finance, and you'll be paid.
Whether you're looking to cover short-term expenses, invest in new equipment with immediate cash, or manage your cash flow, if you have questions about invoice financing for your business, don't leave it until it's too late.
Our lenders allow you to submit one, all, or just a handful of invoices at a time whenever you need a cash injection. With over 80 lenders on the market, let me know what industry you're in, and I can recommend one that best suits your setup.
Give me a call on 07710466166 or click here to schedule a call as soon as you can.