Factoring finance can offer many benefits for SMEs that need to improve their cash flow and grow their business. Some of these benefits are: Immediate access to cash: Factoring finance can provide SMEs with instant liquidity by converting their invoices into cash within a day. This can help them meet their operational expenses, such as payroll, rent, utilities or inventory, without waiting for their customers to pay. No debt or collateral: Factoring finance is not a loan, but a sale of assets. Therefore, it does not create any debt or require any collateral from the business. This can help SMEs avoid taking on additional liabilities or risking their assets.