An invoice loan is a type of business financing that provides businesses with access to funds against their outstanding invoices. It’s a form of asset-based lending that allows you to use your unpaid invoices as collateral in order to secure working capital loans. Invoice loans, also known as invoice finance or accounts receivable financing, provide an injection of cash into your business that can be used to fulfill orders, pay vendors, hire staff and carry out other day-to-day operations. By taking out an invoice loan, you can bridge the gap between your customer paying you, and your business’s immediate financial needs.