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Invoice Finance Solutions

oboloo Glossary

Invoice Finance Solutions

Invoice Finance Solutions (also known as Accounts Receivable or Factoring) is a form of financial product that enables businesses to turn their unpaid invoices into cash. It works by allowing a business to transfer the ownership of their unpaid invoices to an external finance provider who advances them up to 85% of their value – this money can then be used for any purpose, such as funding the next round of growth, investing in new equipment or simply meeting short-term cash flow needs. With Invoice Finance Solutions, businesses are not just accessing funds from existing resources; instead, they’re tapping into a new source of money that can be used to help them scale and grow.

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