INVOICE FOR CASH

On Demand!

It is easy to use IFG’s digital invoice finance or early payment service. You can try with one invoice and see if it works for you. You can fund one invoice and never deal with us again or you can use us every time you need cashflow improvement.

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How invoice finance works

The term select invoice finance has been creeping into the funding lexicon. The reason that it is called select invoice finance is that it refers to the increasingly popular practice of being able to pick and choose which invoice or invoices, if any, you want funded. This allows you to maximize the amount of cash that you have on hand while incurring the minimum fees to guarantee sufficient cash flow.

Typical Select Invoice Finance Transaction

Each transaction has three main parties: the company that sells the invoice, known as the Client; the company that will pay the invoice, known as the Client’s Customer (or account debtor); and the IFG that provides funding through its service.

The client manufactures and delivers the goods, or provides the service and issues an invoice to customer.

The client will sell specific invoice or group of invoices to IFG for cash at a discount.

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The client notifies the customer that the invoice has been assigned to IFG

The invoice is then paid by the customer directly to IFG typically within 3-40 days.

“I found you very professional and very helpful in stressful situations. You have helped us out a lot and made finishing this project possible. I will definitely recommend you to other companies.

~Britta Bobka, Financial Controller, Trac Civil

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