Invoice Discounting Demystified: A Revolutionary Approach to Finance
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  • Reads 2
  • Votes 0
  • Parts 1
  • Time <5 mins
Ongoing, First published Dec 20, 2023
Invoice discounting is a financial tool utilized by businesses to enhance their cash flow. This method allows companies to access funds tied up in unpaid invoices before their payment due dates. Rather than waiting for customers to settle invoices, businesses can sell these invoices to a financial institution or a third-party financier at a discounted rate.
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