How does INvoice Finance, Commonly Called Sales Ledger Finance, work?
Invoice Finance, or Sales Ledger Finance, allows you to turn your invoices into cash. Platinum Funding UK Limited, a full factoring company, buys open invoices/accounts receivable in a non-recourse transaction. We advance a significant portion of the value of the invoice upfront. Through the factoring services provided by factoring companies you can accelerate cash flow, increase working capital enabling you to pay your suppliers on time and take advantage of discounts, meet the payroll deadlines, and, ultimately, grow your business.
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- How does INvoice Finance, Commonly Called Sales Ledger Finance, work?
