e FT reported that Kazakhstan is using prepay debt financing provided by oil traders such as Vitol (the world's largest oil trader) to get funds to build, extract and sell oil. Since the price of oil plummeted oil producers have been lacking cash to operate ideally. That shortfall has been made up by debt, but the companies should consider replenishing their coffers with invoice finance, especially single invoice finance from Cash for Invoices Limited.
What is single invoice finance?
Cash for Invoices Limited offers single invoice finance (sometimes called spot factoring or selective invoice finance) - a type of debt factoring that has key advantages over conventional debt factoring and invoice finance: