Is your business battling with cash flow? Micro Finance Zambia’s Invoice Discounting may just be the solution that saves your business. It is a form of short-term borrowing often used to improve a company’s working capital and cash flow. Invoice discounting is a facility offered against confirmed invoices that our client has issued to their client (off taker). It is a confirmation of performance by our client (SME) that they have executed the order and they are now demanding payment from the off taker.
An invoice discounting facility provides you with instant access to cash tied up in your outstanding invoices. It allows a business to draw money against its sales invoices / accounts receivables before the customer is actually paid.