Invoice Discounting: Advantages and Disadvantages
Small businesses often find it difficult to manage their invoicing cycles and as a result fall short in their working capital needs. Invoice discounting allows a small business owner to get a quick business loan by submitting cleared invoices as collateral. This very short-term loan expires on the due date of the invoices submitted as surety. Marketplace lenders like LivFin …
Continue Reading Difference Between Invoice Discounting and Invoice Factoring
Fintech services have drastically transformed the ways in which a small business owner can raise capital these days. Where previously secured business loans were the only viable option for getting quick business finance, nowadays a range of financial products and service exist for the exclusive benefit of small business borrowers. Invoice discounting and invoice factoring are both financial services that …
Continue Reading Understanding Invoice Discounting – What is It and benefits for Small Businesses in India
If you are a small business owner in India, you may be well aware of the financing problems faced by SMEs in general. Getting paid on time and investing that money to generate more business is a chore in itself for every small business owner. Ideally, this shouldn’t be the case and a business owner should have maximum time to …
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