Hashtag

Business News

How Invoice Finance Can Benefit Your Business

  • Written by News Company


There are generally two reasons businesses are held back: not putting the time into it, and suffering from a lack of capital. While you can seek inspiration and learn how to focus, it’s difficult finding the funding you need. The term “invoice finance” is basically a flexible and easy way to provide funding for your business.

How Does It Work?

In a regular business you create invoices, mail or email them off to your clients, they pay the bills, and you have money. However, the time between the invoice going out, and the time coming back, can be 30, 45, or even 90 days before you see any funds. Invoice financing works a bit differently. Instead of waiting for your clients to pay the invoices, Tim Finance turns them into immediate cash for you, within 24 hours. After that, it’s our problem.

Why Does a Business Need Immediate Cash?

If you’re starting a new business, or are already running one, you may be thinking about how the 30-90 invoice payment model is acceptable. But there are many reasons why you should switch to invoice finance now.

For one, having the money immediately can be of great benefit, whether you use it to buy new supplies, pay staff, pay utilities or taxes, or even just invest it and let it grow.

Let’s face it, many businesses struggle in the beginning. Can’t pay your staff or supplies? They’re going to jump ship, fast, leaving you back at the beginning.

If you’re a successful business, just think about how much interest your earnings will grow if it’s sitting in the bank for 3 months!

Save On Interest

Many businesses also utilize loans and have a debt. This means that for every month you’re unable to pay off your debt, interest accumulates. But with invoice financing, you can pay off your bills quickly, avoiding those high interest rates.

And if you’re saving up to expand your business model, invoice financing can help you get there too.

What’s the Fine Print?

Invoice financing involves no hidden fees so you know the costs up front. It’s also 100% flexible. You can try it out for any length of time. There are no locked-in contracts to fulfill. You can receive your funding in just 24 hours.

If you’re curious about how to sign up, please visit Tim Finance to learn more.

Business News

Oil and Gas Industry: 6 Trends That Will Shape 2020

The oil and gas industry (O&G) favours the reputation of being one of the largest and most important industries in the world. As we leave 2019 behind us, it's time for data analysts to try and p...

Chloe Taylor - avatar Chloe Taylor

WAYS TO GROW SMALL-SCALE PRODUCTION BUSINESSES

The basic way of making a new business setup successful is having faithful customers. The ones who stay committed to your service despite several options. But, gaining the trust of clients is not ea...

News Company - avatar News Company

Tips To Use Correct Keywords for Successful Digital Marketing

Have you ever wondered why certain website links are displayed against a search? Some websites do not get displayed even when they are related to the searching category. This is because, the displayed...

Hassan Ahmad - avatar Hassan Ahmad

How Invoice Finance Can Benefit Your Business

There are generally two reasons businesses are held back: not putting the time into it, and suffering from a lack of capital. While you can seek inspiration and learn how to focus, it’s difficult ...

News Company - avatar News Company

8 ways to increase your business productivity

Starting your own business, whether it is small or on a large scale, is never a piece of cake. To run a business, it requires constant struggle and implementation of smart strategies. For a success...

News Company - avatar News Company

5 TIPS TO START AN ELECTRICIAN BUSINESS

The world of entrepreneurship is growing fast. It has become quite easy to start a setup but before initiating the business plan should be clear. One should invest their time more in business the ma...

News Company - avatar News Company

Health & Wellness

6 Ways In Which Massage Therapy Can Be A Life Savior

Anthony Fernandaz - avatar Anthony Fernandaz

Apart from helping you relax, massage has loads of other medical benefits as well. It has been used to treat many ailments for centuries; however, few people are aware of the extent to which massage...

How to keep your body in shape

News Company - avatar News Company

Almost every person in their prime is unhappy with their figure has either started a diet before or tried different sports. However, the trials were mostly of short duration, and the lasting effect ...

All you need to know about contact lenses

News Company - avatar News Company

Contact lenses are practical - and with helpful tips, handling them is more comfortable than expected. With lenses, you would not look a bit different if you go for transparent ones. If you want to ...

4 Things To Remember When Caring For Someone With Dementia

News Company - avatar News Company

It can be difficult to care for an aging loved-one at the best of times, but when your loved one has dementia, it can be harder to look after them than you had originally anticipated. Dementia can c...



News Company Media Core

Content & Technology Connecting Global Audiences

More Information - Less Opinion