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Why invoice financing and not loan?

BETALD
February 14, 2020

Why invoice financing and not loan?

BETALD

February 14, 2020
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  1. BETALD A N INNOV A TIVE INV OICE F INA

    NCING PLA TF OR M 1 B E T A L D = S W E D I S H F O R P A I D
  2. Fast access to cash Have you applied for bank loans

    and feel frustrated for the time the whole process takes? Here comes invoice factoring to your rescue. With invoice factoring, in most cases, you get the money the same day you submit the invoice. Isn’t it great? This way, you get to prevent the risk of customers controlling your cash flow by delaying the payment. Focus on your core business Can’t focus on your core business because you are worried about your financial problems? Turn to invoice financing. With it, you will never run out of money to pay your debts. It will let you have peace of mind and put your entire focus on growing your core business as well as customer service. And the best part is that you don’t have to worry about the cash flow. Get money without taking a new debt In order to build as well as sustain a small business, debt can be quite an effective tool. However, if your business is new, it can be risky. In case you can’t provide the money in time, you will be in legal trouble. Now, you don’t want that, right? So what can you do to avoid such circumstances? Well, go for invoice financing. This way, you don’t have to rely on an expensive loan, as you will get the badly needed capital for your business from the invoice factoring companies. Convinced already? So what are you waiting for? Go for invoice financing and always maintain a steady cash flow. Continued growth of your business If you want to grow your small business, you need a steady cash flow, isn’t it? This is where invoice factoring comes into play. With invoice factoring, you get to focus on getting new customers rather than chasing your debtors. As a business owner, you get to pay your suppliers and avoid supply chain constraints at the same time. Also, you get to extend credit lines to your loyal customers who need credit facilities. All these help you stay ahead of your competitors who are facing funding problems, thereby letting your business grow. Low factoring fees Over the years, the fees for accessing factoring services have become dramatically less. Usually, the factoring fees range anywhere between 1% and 4.0% of a business volume. Of course, the fees vary from industry to industry.
  3. USERS SHOULD FOCUS ON THEIR BUSINESS GROWTH, WE FOCUS ON

    SIMPLICITY 3 REGISTER CONNECT ACCOUNTS UPLOAD INVOICES GET MONEY