Invoice Financing
Invoice Financing
Welcome to Desi Lending, your one stop source for all your innovative financial solutions. Our Invoice Financing service is aimed at increasing the turnover by using outstanding invoices in business. This type of funding has a lot of advantages as it offers the money on the spot and helps you to deal with the working process and take advantage of opportunities without waiting for customer payments.
What is Invoice Financing?
Invoice Financing also referred to as accounts receivables financing – a type of funding that enables the client to get funds tied in the unpaid bills. Therefore, instead of waiting for the customer to clear his/her invoice, it can be converted into cash almost immediately. Desi Lending provides you a percentage of the value of invoice then instantly you have the liquidity which you need for your business.
How Invoice Financing Works?
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Submit Invoices: Forward your open invoices to Desi Lending.
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Receive Funds: We facilitate you upto 90% of the value of the invoice.
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Customer Payment: The persons who use your products make payments to the invoices we send out to them.
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Balance Transfer: After that, a client pays an invoice you get the rest of the money along with a small commission.
Key Features
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Fast Access to Cash: Receive funds within 24-48 hours of submitting invoices.
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Flexible Financing: Spend the funds for almost any business necessity such as employees’ salaries, stock, or to expansion.
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No Debt Incurred: To this reason, invoice financing also differs from conventional loans since it doesn’t add debt on the balance sheet.
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Improved Cash Flow: Smooth out cash flow fluctuations and ensure steady operations.
Benefits of Invoice Financing
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Immediate Liquidity: Access cash tied up in unpaid invoices quickly.
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Maintain Operations: Ensure you have the funds to cover operating expenses and take on new projects.
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Growth Opportunities: Dip into growth activities without having to wait for the invoices to bring in the money.
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No Collateral Required: Invoice financing does not require any collateral as this is secure by the receivables.
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Credit Protection: We deal with collections, reducing your administrative burden.
Purposes of Invoice Discounting and Factoring
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Payroll: Ensure timely payment of employees.
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Inventory Purchase: Buy inventory to meet customer demand.
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Operating Expenses: Pay for rent, bills and all other expenses that may be incurred while running the business.
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Expansion Projects: Fund business development or new venture.
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Debt Consolidation: Pay off existing debts and improve financial stability.
How to Apply for Invoice Financing?
How to Apply?
Applying for Invoice Financing with Desi Lending is quick and easy. Follow these simple steps
Assess Your Needs
Determine the amount of funding you need based on your outstanding invoices.
Prepare Documentation
Gather necessary documents, including invoices and business information.
Submit Your Application
Complete the application form on our website and submit the required documentation.
Get Approved
Our team will review your application and typically provide a decision within 24-48 hours.
Receive Funds
Once approved, receive up to 90% of the invoice value quickly.
Why Choose Desi Lending?
That is why at Desi Lending, our materials are designed to assist your business in achieving its goals with reasonable and convenient funding options. Here’s why you should choose us:
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Quick and Easy Process: Enjoy a simple application process with fast approvals.
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Flexible Funding Options: Get funds from a source that would match your businesses revenue and cash flow.
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Dedicated Support: Work with our specialists who know your needs and can help you solve a problem by offering professional services.
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Transparent Terms: Benefit from clear and straightforward terms with no hidden fees.
We are Trusted and Loved by Our Customers
Our customers trust our lending firm for our steadfast services to providing financial solutions, exceptional service and delivering on promises with transparency and honesty.
Frequently Asked Questions
Invoice Financing is a funding technique in which you get a cash on the basis of your invoices. It enables you to possess access to the cash at the earliest without waiting customers to pay the invoices.
As soon as the application of yours is approved funds can be received within 24-48 hours only. This quick access to cash aids in the effective running of business activities since you have easy access to money.
Desi Lending generally provides up to 90% of amount of the invoice. The rest is credited back to you after deductions of a small amount, upon satisfaction of the invoice by the customer.
No, Invoice Financing is backed by the invoices that you have issued to your clients hence no other security is needed.
Repayments are in turn made when your customers clear their invoices. Your customers will pay directly to Desi Lending, and we will handle the collections.