Invoice finance provider Bibby Financial Services is launching a guide for business owners and managers to help them understand invoice finance.

The guide, entitled ‘&lta href=&quothttp://www.bibbyfinancialservices.com/downloads/Simple-guide-to-invoice-finance.aspx&quot&gtInvoice Finance Made Simple&lt/a&gt’, aims to provide, in a clear format, all the information a business might need to understand how invoice finance works and the role it plays in helping maintain a regular flow of cash into a business.

The booklet, which can be downloaded from Bibby Financial Services’ website, contains a step-by-step guide of how to set up an invoice finance facility, information on the cost and who it is suitable for, plus a ‘frequently asked questions’ section and glossary.

Bibby Financial Services’ UK chief executive Edward Rimmer said: “There is a clear lack of knowledge of invoice finance amongst UK businesses and we are committed to doing all we can to educate business owners and managers on this flexible and secure source of funding that can grow as a business grows. Our own research shows that 85% of business advisers and introducers rate their client’s current understanding of invoice finance as average