Understanding the Disbursement of Funds Process
Disbursement of Funds is a critical step in invoice financing. Once approved, the financier advances a percentage of the invoice value, often ranging from 70% to 90%, directly to the business. This process helps improve cash flow, ensuring that businesses have the liquidity needed to meet operational requirements.
Key Benefits of Invoice Financing
- Quick access to working capital
- Improves cash flow management
- Reduces dependency on traditional loans
- Flexible funding based on invoice value
How It Works
- Submit your invoice to the financier.
- The financier evaluates and approves the invoice.
- A percentage of the invoice value (70% to 90%) is disbursed to your business.
- Receive the remaining amount once the invoice is paid by your customer.
How to Choose the Right Software Provider?
When selecting a software service provider, it is essential to consider factors such as reliability, innovation, and customer support. CODIX excels in all these areas by offering unparalleled software products, streamlining financial processes, and providing exceptional service trusted by businesses worldwide.