Invoice Financing for Startups

Invoice financing for startups can help growth by improving cash flow

Invoice Financing for Startups: Unlocking Growth

Cash flow can be a major hurdle for startups. One effective solution that is gaining traction is invoice financing for startups. This innovative financing option allows businesses to access immediate cash by leveraging their outstanding invoices, providing a lifeline during critical growth phases.

When a startup delivers goods or services, clients often take weeks or even months to pay their invoices. This delay can create cash flow gaps that hinder operations and growth. Invoice financing addresses this issue by enabling startups to receive a percentage of their outstanding invoices upfront, often within 24 hours. This immediate influx of cash can be used to cover essential expenses such as payroll, inventory purchases, or marketing initiatives.

*All credit profiles considered
Invoice financing for startups can help growth by improving cash flow

How Does Invoice Factoring Work?

  1. Create Invoice:  You provide goods or services to your customer and issue an invoice.
  2. You submit the unpaid invoice to an invoice finance provider.
  3. Immediate Cash Advance: The provider advances you a percentage of the invoice value, typically between 70-90%.
  4. Once the customer pays the invoice in full, the provider releases the remaining balance to you, less any pre agreed fee.

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Benefits of Invoice Financing for startups

  • Receive immediate funds to cover expenses, invest in growth, or manage unexpected costs.
  • Save time and resources by letting the factoring provider handle the collection process.
  • No trading history required.
  • Relies on creditworthiness of your customer.
  • Option to insure against risk of non payment.

Is this right for your business?

With a wide and varied range of funding solutions and lenders, it can be difficult to understand which is the best option for your business. At Aim Financial Solutions, we will help you to understand which funding options are the best solution for your business and we will help you to secure the most competitive terms with the best lender for your circumstances.

Ready to unlock your working capital? Contact us today to learn more about how invoice finance services can benefit your business.

Don’t take our word for it…