Invoice finance guide launched by ABFA

04/03/2010

A presentation explaining invoice finance has been put together by ABFA, the Asset Based Finance Association, clarifying the various types of funding available to businesses through the asset based finance industry.

The guide explains how invoice finance works, including how the client and financier communicate and how money is released. It also gives the reader an idea of how much funding they might be able to raise based on their invoice volumes.

It is a very easy-to-follow guide and clearly explains some of the products available such as factoring and invoice discounting, also known as invoice finance solutions.

Individuals reading the presentation will also learn the benefits of this type of funding solution and understand which businesses should consider using them.

The information is targeted at both potential clients of asset based finance and at brokers, and aims to help businesses make more informed decisions about funding options available. This can be of great benefit as many firms struggling with cash flow issues are simply unaware of the options open to them.

The guide has a calculator tool so that businesses can get an idea of how much cash could be raised by using invoice finance. It is free of charge and takes approximately 30 minutes to complete.