Invoice Funding is a form of alternative business financing that helps businesses access working capital quickly. The primary benefit of invoice funding is the ability to draw instant cash against existing invoices, meaning businesses can bridge gaps in their cash flow and free up time for growth-oriented activities. Invoice funding involves the transfer of outstanding invoices from a business to a third party finance provider. In return, the funder will pay an agreed percentage of the value upfront, often within 24 hours, with the balance paid once payment is received from the customer. It’s a straightforward, fast and reliable way for businesses to get quick access to working capital.