- 25 Aug
Funding That Grows With Your Turnover
The big difference between a traditional bank overdraft or bank loan and invoice finance such as invoice factoring or invoice discounting is that loans and overdrafts do not grow in line with growth in your turnover. An overdraft or loan will be for a fixed sum. As you raise more invoices so factoring and discounting will release additional funding and in that way the funding available grows in line with the turnover of your business.