Is invoice finance a good form of business funding?

Is invoice finance a good form of business funding? from SimplyBusiness.co.uk

By: SimplyBusiness.co.uk  25/01/2010
Keywords: commercial finance

Lots of businesses could benefit from financial help of some kind, whether it’s extra funding for growth or regular cash injections to . Could be the answer?

is growing in popularity as a simple solution to a variety of financial funding needs, yet many business owners are unsure whether it is a good idea. The concept often brings to mind the days when asset management was used primarily for companies in trouble, and while the association doesn’t apply any more, mud does tend to stick.

It is true that invoice finance in it’s two forms – factoring and invoice discounting – has both pros and cons, but often the cons are apparent only because it turns out to be the wrong type of finance for a business.

http://www.simplybusiness.co.uk/knowledge/articles/2010/01/2010-01-25-is-invoice-finance-a-good-form-of-business-funding

Keywords: commercial finance