Unpaid invoices can create significant cash flow challenges for small businesses, especially in industries with long payment terms, such as B2B manufacturing or consulting. Waiting 30, 60, or even 90 days for clients to pay can stall your operations, delay growth, or prevent you from covering essential expenses. Invoice finance offers a solution by allowing you to borrow against your unpaid invoices, providing immediate access to cash. In this guide, we’ll explore the benefits of invoice finance, the steps to get started, and how NexGen Business Finance can help you unlock your cash flow. Invoice finance can transform your cash flow management. Here are the key benefits: Getting started with invoice finance is straightforward. Follow these steps to reclaim your cash flow: At NexGen, thanks to our relationships with over 95 lenders, we can often process invoice finance and release funds within 24-48 hours after receiving your invoices. Yes, invoice finance often focuses on the creditworthiness of your clients, not your business. However, terms may vary, so we recommend discussing your situation with our team. Businesses with long payment cycles, such as B2B companies in manufacturing, consulting, or logistics, benefit most. It’s also ideal for seasonal businesses needing consistent cash flow. Costs vary but typically include a fee of 1-5% of the invoice value, plus interest on the advance. We can help you find competitive rates tailored to your business. Our terms are transparent. We’ll outline any applicable fees, including early repayment charges (if any), in your agreement before you commit. Invoice finance can be a game-changer for your small business, providing the cash flow you need to grow and thrive. At NexGen Business Finance, we’re here to help you find the best invoice finance solution. Contact us today to get started.Benefits of Invoice Finance
Steps to Use Invoice Finance
Frequently Asked Questions
Ready to Unlock Your Cash Flow?