Invoice Finance Solutions: The Ultimate Guide to Factoring vs Discounting

When it comes to finding a facility to suit the needs of your clients and their businesses, an invoice finance solution is a popular way to boost cash flow while supporting ambitious growth plans.

These flexible funding solutions can quickly raise working capital (often as soon as 24 hours) from unpaid invoices, providing vital access to cash when overheads are looming. 

However, it’s important to remember that there are many different types of invoice financing, known as invoice discounting and invoice factoring.

Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Time Finance plc

More articles like this

How Asset Finance supports the construction industry

Asset Finance enables businesses to acquire essential equipment without a significant upfront payment. Rather than purchasing assets outright, companies make regular payments over a specified period, which helps them avoid the full cost of buying equipment

Time Finance plc

The benefits and drawbacks of Invoice Discounting for businesses

Invoice discounting provides businesses with an injection of cash by leveraging their accounts receivable, ensuring cashflow without notifying customers. This method is crucial for businesses facing late payments, allowing them to continue operations smoothly. Time Finance

Time Finance plc

Time Finance welcomes new Head of Business Improvement

Time Finance, a leading provider in SME finance, has appointed Fozia Riaz as the new Head of Business Improvement. This strategic move is part of the company’s commitment to fortifying its business excellence infrastructure, aligning with

Time Finance plc

Time Finance CEO confident in future growth

Time Finance’s chief executive expressed confidence in the group’s future growth, highlighting the positive trading results. For the financial year ending on 31 May 2024, the AIM-listed independent specialist finance provider recorded a 20 per cent

Time Finance plc

The rise of Asset-Based Lending for UK businesses

Asset-based lending (ABL) is experiencing significant growth, with Yahoo Finance reporting an annual increase of 12.8%. This surge means that UK businesses are currently receiving over £20 billion in lending from UK Finance members through invoice

Time Finance plc

Alice Cox joins Time Finance as Relationship Manager

Time Finance has announced the appointment of Alice Cox as the new Relationship Manager within its Invoice Finance team. With over 13 years of experience in the financial services industry, Alice brings a wealth of expertise