Invoice Finance
One of the most common problems facing small business is late payment of invoices. Most banks will offer some form of invoice financing to small business, where for a small fee the bank will pay either the full amount of the outstanding invoice or a significant portion of it, and then take on the burden of ensuring the invoices are properly paid.
This service can be of benefit to some small businesses who have problems with their customers paying invoices late, however not all small businesses qualify for this service.