Are you tired of stressing over unpaid invoices? Running a business can be tough financially; especially if you sell products and services to other businesses, rather than consumers. Typically, businesses pay every 30, 60 or every 90 days. That leaves a potentially long gap before you actually see any profit.
While this may be fine for larger businesses, for small ones, especially start-ups, this can be problematic. However, Market Invoice has a solution.
Helping Your Business Stay Afloat
If your business can’t afford to wait 30 days for payment, Market Invoice can help tide you over. The company offers an advance on payment and can place the money into your account within just 24 hours.
This is a much safer and more cost-effective option than taking out a loan – something you may have already considered doing. Many businesses turn to payday loans to tide them over when they’re struggling, but these come with extremely high interest rates. Companies such as Market Invoice on the other hand, charge a very small fee for their service and rather than take your money at the end of the agreement, they pay you what’s left of the invoice.
You can choose to request up to 90% of the invoice, giving you the money that you need to continue running your business.
The benefits of invoice advancements
When you’re worried about money, it’s difficult to focus on the day to day tasks of running a business. Financial strain has a negative impact on every aspect of your life and if you’re worried about how your business is going to survive, you’re not going to provide the best service to your clients and customers.
An invoice advancement can help significantly boost productivity and give you the funds you need, when you need them. The boost in productivity will in turn ensure you are producing the highest quality products and services. This helps increase customer and client satisfaction, boosts your reputation and will help you attract new customers.
Overall, eliminating your financial concerns and having access to the money you’ve earnt when you need it is a huge weight off your mind. Many businesses have no idea a service like Market Invoice exists so they turn to riskier, more expensive ways to get the money they need. This can lead to further financial troubles and can put a serious strain on the business. So, if you haven’t already, why not take a look at invoice advancement services and see if they can help you.
- Online Marketing: Potential Employment Hub for People - June 1, 2020
- How To Improve Productivity In Your Accountancy Business - May 1, 2020
- Five top tips for using digital media successfully - April 21, 2020