Don't Let Cash Flow Management Derail Your Business: Strategies for Growth
Unlock sustainable growth for small businesses with proper cash flow management. Discover strategies for forecasting, monitoring, & leveraging financing.
Read more

Invoice discounting enables you to take out a loan using unpaid invoices as collateral.
The loan amount typically ranges between 80% to 95% of the value of the invoices, which you will pay back (with interest) once you receive payment from your customers.
In this example, you will be given $10,000 x 80% = $8,000 of cash. After you have collected on the invoices, you will pay back $8,000 plus the agreed fee to the lender.
Grow your business with Choco Up

Unlock sustainable growth for small businesses with proper cash flow management. Discover strategies for forecasting, monitoring, & leveraging financing.

Inventory loans help you stock up against busy times, using the stock itself as collateral. But they might not cover other growth needs.