The company that has purchased the goods or services is given an invoice with the total amount due and the due date. Often, when businesses sell goods or services to wholesalers or retailers, they do so on credit, meaning customers don’t need to pay straight away. In turn you pay interest - called a ‘discount charge’ - to the finance company and typically a service charge, based on turnover. You get a percentage of the total value of the invoice (often around 85 per cent) and then the remainder when the invoice is paid. With factoring, a finance company essentially manages your sales ledger and collects the money your customers owe you against outstanding invoices. There are two main kinds of invoice finance: Invoice factoring and invoice discounting. Tell me more about invoice finance, invoice factoring and invoice discounting. With invoice finance you “sell” your outstanding invoices to a third party, who will advance you 80-85% of the money owed with the rest coming when the invoices get paid. Pay invoices, but you could do with the money now. Let me guess: you need finance for some reason but you’re stuck waiting for customers to pay invoices? We should have a talk about invoice finance, another popular alternative funding model for small businesses. My cash flow is not as good as it could be Discover all you need to know about invoice finance, factoring and discounting, how you can improve your cash flow and keep your business finances on track.
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Italian troops did not reach the port of Trieste, the Italian General Luigi Cadorna's initial target, until after the Armistice. The corridor is also known as the "Ljubljana Gate".īy the autumn of 1915 one mile had been won by Italian troops, and by October 1917 a few Austrian mountains and some square miles of land had changed hands several times. The sixty-mile long Soča river at the time ran entirely inside Austria-Hungary in parallel to the border with Italy, from the Vršič and Predil Pass in the Julian Alps to the Adriatic Sea, widening dramatically just few kilometers north of Gorizia, thus opening a narrow corridor between Northern Italy and Central Europe, which goes through the Vipava Valley and the relatively low north-eastern edge of the Kras plateau to Inner Carniola and Ljubljana. Remains of an Austro-Hungarian fortification between Bovec and Log pod Mangrtom As a result the Austro-Hungarians were forced to move some of their forces from the Eastern Front and a war in the mountains around Soča river began. The area between the northernmost part of the Adriatic Sea and the sources of the river Soča (Isonzo) thus became the scene of twelve successive battles. Italian Field Marshal Luigi Cadorna, a staunch proponent of the frontal assault, had plans of breaking into the Slovenian plateau, taking Ljubljana and threatening Vienna. The Italian army wanted to penetrate in central Carniola, present-day Slovenia. In April 1915, in the secret Treaty of London Italy was promised by Allies the territory of Habsburg empire which were mainly inhabited by ethnic Slovenes. 3 Primary sector for Italian operations. |