Single invoice finance is a short-term finance tool that provides finance against the purchase of one or more receivables (invoices). Choose to sell either individual or multiple invoices. Choose when to sell them and how much you want to raise from them.
Factoring/invoice discounting works over a longer-term agreement. Here the invoice financier provides finance against the purchases of a company’s full sales ledger. A factoring company will also carry out a company’s invoice collections.