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Invoice Finance Companies

oboloo Glossary

Invoice Finance Companies

Invoice Finance Companies are a type of financial institution that provides business owners with access to money through the purchase and management of their outstanding customer invoices. Essentially, these organizations can bridge the gap between businesses and customers, offering them the ability to get paid ahead of schedule in exchange for a small fee. Invoice Finance Companies provide much-needed liquidity for businesses so they can continue to grow and take on new orders, while also reducing administrative burdens associated with managing accounts receivable. By tapping into the value of existing invoices, businesses can prevent cash flow problems and seize new opportunities.

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