What is invoice financing?
Invoice financing is a type of short-term funding that allows businesses to free up cash that is tied up in unpaid invoices. Essentially, the business sells its invoices to a…
Business debt consolidation loans explained
Business debt consolidation loans are a financial strategy designed to simplify the complex landscape of a company’s outstanding debts. This approach involves combining multiple debts into a single loan, which…
What is a revolving credit facility?
A revolving credit facility, commonly referred to as a revolving line of credit, is a financial arrangement offered by banks or financial institutions. It provides individuals or businesses with a…
What is invoice factoring and how does it work?
Invoice factoring is a valuable solution for business owners, providing immediate cash flow by selling outstanding invoices to a factor. This eliminates the wait for customer payments and reduces administrative…
A finance lease puts you in control
In today’s competitive landscape, businesses rely on costly assets such as cars, vans, plant, and machinery to manufacture and provide their products and services. With finance leasing, you can break…
The differences between secured and unsecured loans
When exploring the options for obtaining a business loan, it’s crucial to weigh the advantages of both secured and unsecured loans. These two primary types of small business loans offer…
Obtaining company finance – is business credit based on personal credit?
Business credit is not solely based on personal credit, although personal credit can play a significant role in establishing business creditworthiness. When evaluating a business’s creditworthiness, lenders and creditors consider…
Difference Between Recourse and Non-Recourse Factoring
Recourse factoring and non-recourse factoring are two distinct methods of financing receivables, each with its own set of advantages and risks. Recourse factoring is a type of arrangement where the…
Which Invoice Finance Companies Offer the Best Factoring Service
When searching for the best factoring service among invoice finance companies, there are several key factors to consider. First and foremost, it’s essential to evaluate the credibility and reputation of…
What is the difference between factoring and invoice discounting?
Factoring and invoice discounting are both financial services used by businesses to improve cash flow, but they differ in certain key aspects. Factoring involves the sale of accounts receivable to…