oboloo

oboloo Glossary

Business Invoice Financing

oboloo Glossary

Business Invoice Financing

Business invoice financing is a type of financing that helps businesses manage their cash flow. With this method, a lender can advance funds against invoices issued by the business so that they have access to the money needed for operations and other projects. Invoice financing makes it easier for businesses to get the capital they need without taking on debt, as the loan is repaid through incoming payments from customers. It is an efficient way for businesses to obtain quick cash to stay afloat and grow without the burden of debt.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971