What do I need to know before I start using an invoice finance provider?

When a company offers UK invoice finance, it buys your outstanding invoices at a discount. When you have outstanding invoices on which you have not yet been paid, it can be tempting to borrow money from an invoice finance provider. 

 

However, before you do, there are some things you should know about using these types of services. Remember that although companies make it easy to use their services online, invoice finance is still borrowing money—and any time you borrow money, there’s risk involved.

 

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