ABC Finance has released a first of its kind invoice finance comparison tool, which allows business owners to undertake a ‘rapid tender’ process.
The tool pairs business owners with lenders who match their funding requirements, giving the lender the information needed to make an initial lending decision. Each lender is then given one shot to offer their best deal and win the borrowers' business. This ultimately cuts out hours of work, multiple needless meetings, and a time-consuming negotiation process.
