Using an Invoice Financing company to collect debt on your behalf can really improve cashflow.

How Does Invoice Finance Work?
Example: if you have sold a product for £1000, a factoring company would give you up to £850 for the invoice. Once the invoice has been paid the factoring company will take their fees from the remaining £150 and give you the rest.

How Does Invoice Finance Benefit Your Business?
Using factoring or invoice discounting allows you to get the money for your sales quickly, keeping your cashflow up instead of waiting 30/60 days for payment. In many cases the invoice finance company will collect the debt on your behalf; saving time you can use for other areas of the business. As sales increase, your potential funding increases. Compared to other quick forms of finance such as credit cards and overdrafts, invoice financing is cheap. It also carries significantly less risk, as you are only getting finance on sales you have already made; and there is no need to use your home (for example) as security for the finance.