An ideal form of borrowing for business owners, bill discounting allows you to make use of the invoices issued by your business. If you sell products or services on credit, you will issue an invoice that is payable at a future date. But if you are in need of funds today, you can use these invoices and get the funds. You no longer need to wait for the due date of payment to get your hands on the funds. However, there are advantages and disadvantages of this method of financing. Let us take a look at them.
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