Is invoice financing right for my business?
Determining whether invoice finance is suitable for your business depends on various factors:
Cash flow needs
If your business regularly experiences cash flow gaps due to delayed payments from customers, invoice finance can be a useful solution to bridge those shortfalls.
Customer payment terms
If your customers have long payment terms - e.g., 30, 60, or 90 days - invoice finance can provide much-needed liquidity while you wait for payment.
Growth ambitions
If you aim to expand your business, take on larger projects, or invest in new opportunities, invoice finance can provide the necessary capital.
Creditworthiness
Invoice finance is often more accessible than traditional loans, making it suitable for businesses with limited credit history or lower credit scores.
