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Invoice Financing Companies

oboloo Glossary

Invoice Financing Companies

Invoice Financing Companies are financial institutions that offer businesses short-term loans in exchange for unpaid invoices. Essentially, the company provides the business with a cash advance on the invoice so it can take care of its immediate financial needs. Once the invoice is paid, the financing company takes their share of the payment and the remaining amount is returned to the business. Invoice Financing Companies bridge the gap between customers’ slow payment timelines and businesses’ need for quick cash flow. It’s an easy, fast, and effective way to keep your business afloat without having to resort to costly debt or equity financing.

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