Working capital finance and invoice finance:
free up cash without waiting
for your customers to pay

Working capital is a counter-intuitive problem: the faster a business grows, the larger it becomes. Every additional order must first be produced — raw materials bought, wages paid, stock built up — before you are paid, often 45 to 60 days after invoicing, sometimes longer when a large customer imposes its own terms. In between, the business carries the gap. The warning signs: an overdraft that becomes permanent, supplier terms you struggle to negotiate, a social-security or tax payment you have to defer, or a large contract you hesitate to accept because you cannot fund it. Turning down growth for lack of cash is probably the most expensive decision a business owner can be forced to make.

The principle is simple: your trade receivables are an asset. An invoice issued to a creditworthy customer has value — so it makes sense to use it today rather than wait for it to fall due. That is the purpose of receivables finance: a funder advances most of the value of your invoices as soon as they are issued and is repaid when your customer pays. Your cash flow no longer depends on your customers' payment schedule; it follows your invoicing. The same logic applies to stock: in some sectors (trading and distribution, manufacturing), healthy inventory can also serve as the borrowing base.

Several instruments meet this need, and the right choice depends on your situation: factoring (selling your invoices to a factor, with or without credit-control and collections, on a disclosed or confidential basis), receivables finance such as a Dailly assignment of receivables to a bank (a French bank instrument comparable to invoice discounting), or inventory finance secured by a pledge over stock. Each has its own costs, thresholds and effects on customer relationships — confidential factoring, for example, fully protects your commercial image.

Our role is to help you avoid two classic pitfalls: a factoring agreement signed too quickly, with a reserve (guarantee fund) and ancillary fees that were not properly assessed, and a solution that does not fit your customer profile. We analyse your sales ledger (concentration, customer credit quality, disputes), quantify your real need, then run a competitive process among the funders in our network — bank-owned and independent factors, fintechs — to secure the most suitable terms. No fixed fee and no exclusivity: you compare, you choose, and we explain every line of the agreement before you sign. That is how we see the role of an IOBSP broker: making clear what jargon makes opaque.