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Invoice Financing Bank

oboloo Glossary

Invoice Financing Bank

Invoice Financing Bank is a form of financial assistance that allows businesses to borrow money against an unpaid invoice they have issued. This type of financing offers flexibility, with funds available within minutes, and helps businesses free up their working capital so they can generate more profits. With Invoice Financing Bank, businesses can borrow up to 90% of the amount stated on their invoices and will receive the remaining 10% once their customer pays the invoice. This type of financing is perfect for businesses that are waiting to get paid by customers, but need immediate funds to meet operational expenses or invest in growth opportunities.

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