One of the most common problems faced by business owners is the maintenance of steady cash inflow. Owing to a shortage of funds, meeting the working capital requirements of the business becomes a struggle. Therefore, daily operations of the enterprise come to a halt. To combat this issue and fulfil short-term needs, entrepreneurs opt for short term credit options, such as invoice financing (receivables financing). Nevertheless, before an individual understands how the process works, it’s imperative to know the meaning…
