This loan is designed for corporate organizations seeking loans to finance and fund their business operation or projects.
Invoice discounting is a short-term way of borrowing, often used to improve a company's working capital and cash flow position.
Invoice discounting allows a business to draw money against its sales invoices before the customer has actually paid. To do this, the business borrows a percentage of the value of its sales ledger from a finance company, effectively using the unpaid sales invoices as collateral for the borrowing.
Invoice Discounting is sometimes referred to as Discreet Factoring. It is essentially the same process as Factoring, with the business getting immediate cash from its sales invoices.
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