How does single invoice finance work?
If customers had reasonable payment terms and always paid on time, there would be less need for single invoice finance but unfortunately that’s rarely the case. This is why single invoice finance and other types of invoice finance have been used by businesses for thousands of years and is becoming a much more common in Australia.
Having reliable access to cash flow is essential for any growing small business. Whether it’s for paying suppliers, your employees, investing in equipment or stock or simply having the confidence to take on that big new order, having cash available when you need can ease a lot of the stress of being a small business owner.
How single invoice finance helps cash flow
Single invoice finance lets you unlock cash from your unpaid invoices at the time of issuing your invoices. Instead of waiting for your invoices to be paid, you can smooth business cash flow and bringing forward those amounts you are due and they used for business operations or to invest in growing your business today.