Invoice Financing can help your import export business maintain an even cash flow and help to grow your business into the powerhouse you dreamed it would be.
Invoice financing involves the sale by a company of receivables at a discount, in exchange for a cash payment. Factoring and invoice discounting are the most common types of
receivables financing. The main benefit of invoice discounting for local sellers is that it allows them a steadier control
over cash flow. This regular cash flow means that sellers can negotiate
more attractive settlement terms and bulk purchase discounts with
suppliers. For international sellers, it alleviates some of the
ultimately allows them greater exposure to, and to do more business in, other countries..
non-payment risk which
1. You, the exporter, export goods or services to foreign buyers on
open credit, meaning that you will allow buyers to pay you back in the
future (usually 30, 60, 90 or 180 days after delivery of the goods or
services)
2. You list the amounts owed by your foreign buyers as accounts
receivable on your balance sheet. You then contact a financial
institution (discounter) that will discount the receivables.
3. The discounter gives you a percentage of the amount that you are
scheduled to receive from your foreign buyers in the future.
4. Every time you make a new sale on credit and add to your accounts
receivable, the discounter advances you the same percentage of the new
receivables
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| Invoice Finance Specialists |
After the recent financial crisis, traditional banks are more reluctant than ever to fund small businesses. Applying for online business loans requires less paperwork with a
shorter wait period. You can often learn your fate in five minutes and
receive funding in 24 to 48 hours. Alternative financing may seem like the perfect answer for a small business owner, but every loan comes with risks.
Invoice financing can smooth out cash flow issues with the risk being determined up front as the fees are disclosed to the borrower when a financing agreement is reached.
If your business would benefit from selling some outstanding invoices contact a company like NorthWest Finance. NorthWest Finance works with all types of businesses throughout the United States providing finance resources for Invoice Financing, Purchase Order Financing, Merchant Cash Advances, Lease Finance for Business Equipment. Call us Today!!
NorthWest Finance
Minneapolis, St Paul and across the U.S.
612-615-8196
www.businessinvoicefinancing.com
Invoice Mate is led by some of the renowned blockchain and financial experts with global experience and exposure. They bring with them the experience and expertise that make Invoice Mate a pioneer in blockchain invoice processing and financing Know Your Invoice
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