Selective Invoice Financing is a type of invoice finance that allows businesses to choose specific invoices to sell to a finance provider in exchange for immediate cash. Unlike traditional invoice finance, where all invoices are funded, businesses can select individual invoices based on their cash flow needs.
Selective Invoice Financing is ideal for businesses with irregular cash flow needs or those who want more control over their financing. It’s particularly beneficial for small to medium-sized enterprises (SMEs) that don’t want to commit to financing all their invoices or only need occasional cash flow support. This includes businesses in sectors like professional services, creative industries, and seasonal businesses where invoice payments can be unpredictable.