Tag Archives: single invoice finance

The Types of Single Invoice Finance

Single Invoice Finance is a method that enables companies to draw cash from its receivables before payment is due or received from its customers. There are many types to it and today we shall discuss what they are all about and how they differ or come alike. FACTORING VERSUS DISCOUNTING Factoring In this type of transaction, the cash advance received… (more…)

The Biggest Misconceptions About Spot Factoring

Spot factoring is the method of deriving finance out of a particular customer invoice. It is achieved by selling the right to collect against it to a provider called the factor who in turn grants a monetary sum of its value, often ranging from eighty to ninety five percent with the remaining balance to be given upon full collection from… (more…)

Adjectives That Should Describe Your Single Invoice Finance Provider

Single invoice factoring is nothing alien to most business people. Although relatively new compared to other modes of financing, it has already gained popularity due to its certain features. To name a few, here is a list below: Ease, simplicity and speed of acquiring the needed funds. Prevention of losses from possible doubtful accounts. Early collection of long receivables whose… (more…)