What is Invoice Discounting?

All businesses inevitably face cash crunches from time to time, at some instance or the other. While larger businesses search and utilise all viable solutions to keep their businesses afloat, small businesses often don’t have many options to choose from. Such businesses need financing mechanisms which are more flexible and specifically cater to their cash flow needs. Invoice Discounting is an alternative financing solution for these businesses that utilises the value of their invoices.