Cash flow is one of the most important factors in the success of a business. If your company offers goods or services on credit terms, the cash flow may get affected, restricting your business activities. Debtor finance is the perfect financing product in such a situation. It allows you to maximize your cash flow and carry out your business activities.
Unlike other conventional financing products, debtor finance allows you to access funds against your debtors. It enables you to carry out your business activities even if your customers haven’t paid yet. You can get funds using the strength of your sales as leverage.
You can get this loan if you sell your products or services on credit terms and have limited liquidity. Furthermore, if your business is expanding or affected by season trends, you can use this financing product to keep your business running.