Invoice financing is typically more flexible in terms of funding and repayment terms compared to traditional bank loans. With invoice financing, businesses can access funding quickly and easily based on their outstanding invoices. Repayment terms are also more flexible, with many providers offering flexible repayment options that allow businesses to repay the loan when their customers pay their outstanding invoices. Traditional bank loans, on the other hand, often come with strict repayment terms and can take longer to access the funding.