Invoice Factoring can be used to finance your Working Capital. It is a form of accounts receivable financing where outstanding invoices that are due within 90 days can be converted into immediate cash that can be used by your small business.
The Auckland-based factoring company Invoice Factors and services Nationwide. You are typically paid in two installments for your invoices: the advance is approximately 80% of your invoices (less factoring fees). You will receive the remaining 20% after your invoices are paid.
