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Invoice Loan For Small Business

oboloo Glossary

Invoice Loan For Small Business

Invoice Loan for Small Business – also sometimes referred to as “Invoice Factoring” – is a form of financing that allows businesses to access immediate working capital against their unpaid invoices or accounts receivable. It enables businesses to immediately convert the value of money owed to them into ready cash, while they wait for the payments due from their customers. This type of loan provides a flexible and hassle-free source of finance, allowing businesses to secure capital quickly and easily, while they manage their cash flow and grow their business.

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