Unlocking Cash Flow: Benefits of Bill Discounting for Contractors
August 23, 2023 ⚊ 1 Min read ⚊ Views 40 ⚊ BLOGDiscover how bill discounting serves as a powerful financial tool for contractors, addressing the challenges of cash flow management and debt recovery. This blog elucidates the concept of bill discounting, where unpaid invoices are sold to a factor at a discounted rate, enabling immediate cash advance for contractors.
Tags: bill discounting, Financial Service, Sme finance