Invoice discounting
A form of invoice finance where a business borrows against unpaid invoices but normally keeps control of customer collections.
Related terms
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Invoice finance
Funding advanced against unpaid customer invoices to improve cash flow before those invoices are paid.
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Invoice financing
Another term for invoice finance: borrowing or receiving an advance against outstanding customer invoices.
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Factoring
A form of invoice finance where a finance provider advances money against invoices and normally also manages collection from customers.
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