Business Insurance Matters for Everyone

issued.

Invoice Discounting is similar to Factoring which is another form of Invoice Finance which secures funds against the value of your invoices. The difference between the two is that Invoice Discounting allows you to keep control over your debt management.

By:
Patrick Martinl

Finance>
Loansl
Nov 19, 2008
lViews: 287

What are the Benefits of Factoring for Your Business?

Issuing invoices has it’s downsides for a business such as generally having to wait for payment. Your business could have secured a lucrative contract, undertaken all the work, but still have a long wait to receive payment for the goods or services you have supplied.