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Business Invoice Loans

oboloo Glossary

Business Invoice Loans

Business invoice loans are a form of working capital finance that allows businesses to access funding quickly and efficiently. By using their unpaid customer invoices as security, businesses can bridge the gap between when they submit an invoice and when they receive payment from their customers. This allows them to obtain funds sooner in order to cover operational costs, unexpected expenses, and other financial obligations. By taking out business invoice loans, businesses free up cash flow, reduce administrative costs, and avoid taking on debt in the form of long-term loans or credit cards.

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