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Invoice Discounting

oboloo Glossary

Invoice Discounting

Invoice Discounting is a type of financial service that allows businesses to borrow money based on their outstanding invoices. It is a simple and efficient method for quickly accessing cash flow to meet short-term obligations or finance expansion without taking on debt. With invoice discounting, the business can access up to 95% of the value of their invoices within 24 hours. This frees up working capital and helps businesses to stay afloat during an uncertain economic landscape, allowing them to continue operations with peace of mind.

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