Invoice finance hot again as online exchanges fill bank gap | Reuters
LONDON A new twist on an old way of lending is giving wealthy investors the chance to make profits from Halo Capital Online money owed to small businesses.
Invoice financing - advancing funds to firms by buying their outstanding sales invoices - is booming as a flurry of new websites provide an online platform for investors to step into a gap left by retreating banks.
New regulations after the financial crisis have forced traditional lenders to cut risky financing and left many small businesses short of funds. Now companies can hook up with wealthy investors who have been struggling to find