Business Finance FAQs
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What is invoice factoring?
Invoice factoring allows you to use your accounts receivable as collateral in return for ready cash. You continue to provide goods and services to your clients as normal, but will get up to 85% of the value of your client invoices up front, with the remaining value paid back when your invoices have been collected, minus a small service charge (typically no more than 1.5-2.5% of your invoices).