Invoice Finance
Quick Answer
What is Invoice Finance?
Invoice finance (factoring) advances cash against your unpaid customer invoices instead of waiting 30-90 days.
Invoice Finance explained
The funder pays most of the invoice value upfront and collects from your customer. It suits businesses with reliable but slow-paying debtors.
Who it applies to: Businesses with corporate or government customers paying slowly.
Cost: A percentage of each financed invoice.
Related terms and guides
Official source: Gov.za
Always verify this information with official South African government sources. Rules, fees and thresholds change. Check SARS, CIPC, the Department of Employment and Labour or gov.za before you act.
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Last reviewed: September 2026 by the BizAnswers editorial team. How we write and check our guides.