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Invoice Finance Facility

oboloo Glossary

Invoice Finance Facility

Invoice Finance Facility is a financial product designed to help businesses with cashflow problems by providing short-term capital. It enables companies to get paid quickly for outstanding invoices, without having to wait the usual 30 days or more. Through this process, businesses can have access to instant funds that are secured by the value of their receivables. This allows them to cover obligations such as payroll, tax payments and other important expenses when needed. Ultimately, Invoice Finance Facility is a service that enables companies to ride out bumps in business activity, giving them the flexibility and stability needed for short-term cash management.

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