INVOICE FINANCING

Invoice financing is a creative way to gain better control over your business’s cash flow. One common challenge for businesses of all types is having to wait for slow-paying customers to pay their invoices. Invoice financing is a topic that you may not think about very often but it can have a serious impact on your financial situation. Here are a few issues that invoice finance can address to improve the health of your business:

Customers Take Too Long to Pay. Customers often don’t pay their invoices for 30 to 60 days, depending on how prompt they are and what type of agreement you have with them. Delays and uncertainties can seriously impede your cash flow.

Lost Opportunities for Growth. Having to say no because of cash flow shortages can be painful.

Excessive Administrative Expense. Managing your accounts receivable department can be costly, especially if bad debt becomes an issue.

Improving cash flow by financing your invoices can completely transform your financial situation. One of the most efficient ways to do this is through Riviera Finance’s invoice factoring services.