Bill discounting or invoice discounting is the chance to borrow the sanctioned amount of short-term based funds from a lender on the outstanding invoices that the borrower holds. Small or medium-sized businesses require such funds to continue meeting their daily needs. Let’s take an example from our daily schedule of excessive outstanding in some cases. There may be situations when the bigger businesses also need to shut down even after increased debt via loans. But small businesses can’t even exist in such cases as they already have very limited funding…
BILL DISCOUNTING – HOW CAN SMEs BENEFIT
