Tredsguide

Invoice discounting is similar to factoring finance, but with one key difference: the business retains control of its sales ledger. In invoice discounting, a business sells its invoices to a third party at a discounted rate and uses the funds to improve cash flow. The business is responsible for collecting payment from the customer, and the third party does not have any involvement in the sales process. Invoice discounting can be a flexible financing option for SMEs, as it allows them to raise funds quickly without giving up control of their sales ledger. It also provides them with the opport

Accounts receivable financing is a type of financing that allows businesses to borrow money against their accounts receivable. This type of financing is often used by businesses that have a lot of unpaid invoices and need cash to cover their expenses. Accounts receivable financing can be a quick and easy way to access cash, but it can also be expensive, with fees and interest rates that can add up quickly.