Getting paid for your services can have a real impact on your cashflow. But help is at hand. Invoice finance, also known as factoring or ‘debt factoring’ – involves selling your invoices to a third party. In return they will process the invoices and allow you to draw funds against the money owed to your business. Essentially, these companies provide a finance, debt collection and ledger management service. It is commonly used by businesses to improve cashflow but can also be used to reduce... Read more >