oboloo

oboloo Glossary

Business Invoice Funding

oboloo Glossary

Business Invoice Funding

Business invoice funding is a type of financing that provides businesses with quick access to capital based upon their outstanding invoices. It allows small and medium-sized businesses to free up cash bound in unpaid invoices, giving them the opportunity to make timely payments to their suppliers, finance expansions or investments, and cover unexpected expenses. Rather than waiting up to 90 days for invoices to be paid by clients, businesses can get the funds they need instantly with invoice funding. This process helps to improve business cash flow while providing a flexible, cost-effective solution that makes it easier to manage day-to-day operations.

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