Simple financial fuel or a complete service.
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No doubt you already understand the basic principle of one variant of invoice finance which is called factoring. It's ingeniously simple. When you issue an invoice to your customer, you send a copy to your invoice financier.
They then advance you funds, based on the security of the invoice. At International Factors for instance, you're paid up to 85% of the value of the invoice and you're paid fast. You'll never wait for 90 days, not for 60, not even for the usual 30 you'll wait for only 2 working days after the sale. You get the remainder of your money when your customer pays less a small commission.
But you might not be aware just how much more International Factors can do for your business. At your request, their factoring service can administer your sales ledger, organise the collection of your customers' payments and can arrange an optional 100% bad debt protection. But they also have other types of invoice finance that can simply be a source of funding without any of your customers being aware of their involvement. You can use International Factors as much or as little as you want.