For most businesses – especially SMEs – capital needs are often satisfied by a lump-sum debt injection or an equity investment. Both can result in funding way beyond what most SMEs need at any given moment, resulting in unnecessary challenges and complications.
Writing for AccountingWEB, Satago’s Steven Renwick and Julie Warren consider how invoice financing, having undergone a fintech overhaul, can be a valuable alternative option for SMEs seeking investments. Crucially, Renwick and Warren note that invoice financing allows selective invoices to be financed rather than entire legers. They write that “By leveraging technologically-advanced invoice financing applications, small enterprises can drive their growth strategy while also staying in control of any capital injections.”
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